NEW YORK–(BUSINESS WIRE)–Moody’s Corporation (NYSE:MCO) today announced that it has agreed to acquire a minority stake in Philippine Rating Services Corporation (PhilRatings), a leading domestic credit rating agency in the Philippines. Headquartered in Manila, PhilRatings plays an important role in supporting the development of the Philippine debt capital markets. “Strong domestic debt markets are essential to supporting sustainable economic growth,” said Wendy Cheong, Managing Director and R