Moody's completed the acquisition of a minority stake in MARC.

Moody's, an integrated risk assessment firm, completed the acquisition of a minority stake in Malaysian Rating, a credit rating agency serving the Malaysian domestic bond and sukuk markets. Financial terms were not disclosed. “Malaysia’s robust domestic bond market presents an attractive opportunity for Moody’s, and we are excited to build upon our partnership with MARC and its growing portfolio of ratings and services,” Wendy Cheong, Moody’s Managing Director.