Moody's Corporation announced on June 25, 2025, the full acquisition of ICR Chile (ICR), a leading provider of domestic credit ratings in Chile. This transaction follows Moody's initial acquisition of a minority stake in ICR in 2019.
The full acquisition is set to strengthen Moody's presence in Latin America's domestic credit markets. ICR will continue to issue domestic ratings under its own processes and methodologies, and will be integrated into Moody’s Local, a group of credit rating agencies in the region.
While the terms of the transaction were not disclosed and it is not expected to have a material impact on Moody's 2025 financial results, this move enhances Moody's ability to provide high-quality credit ratings, research, and analytical services, contributing to greater transparency in Latin America.
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