trending Market Intelligence /marketintelligence/en/news-insights/trending/eGoLwV5PRmON_s9TTHP3nw2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Moody’s fully acquires Korea Investors Service


Fintech Intelligence Newsletter: March 2021

Corporate America Not Likely To Unwind COVID-19 Debt Buildup Despite Credit Hits


Fintech Intelligence Newsletter: February 2021


Banking Essentials Newsletter - February Edition

Moody’s fully acquires Korea Investors Service

Moody'sCorp. has acquired full ownership of Korea Investors Service, aprovider of domestic credit ratings in Korea.

Korea Investors Service has been a majority-owned affiliateof Moody's Investors Service since 2001. Korea Investors Service CEO Jae-HongLee will continue to lead the company.

KIS Ratings will be retained as an independent affiliate ofMoody's Investors Service.

Moody's will also gain a majority ownership stake in KISPricing, a majority-owned subsidiary of Korea Investors Service and provider ofpricing services and analytics for fixed income and other local securities.

The terms of the deal were not disclosed.

The transaction is not expected to have a significant impacton Moody's EPS for 2016 and will be funded from international cash on hand.