09:43 AM EDT, 06/25/2025 (MT Newswires) -- Moody's (MCO) said Wednesday it has fully acquired credit ratings provider ICR Chile, expanding its presence in Latin America's domestic credit markets.

ICR will continue to issue domestic ratings in Chile using its own methodologies and will be integrated in the following months into Moody's Local, a group of credit rating agencies in Latin America, according to Moody's.

Financial terms of the deal were not disclosed, although Moody's said the deal will not have a material impact on its 2025 financial results.

Moody's said it made an initial minority investment in ICR in 2019.

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