3Q 2022 Investor Presentation
How we Participate in Global Domestic Markets
ICR
Chile
Others
Nigeria
GCR
RATINGS
South Africa
ICR Chile
AN AFFILIATE OF MOODY'S
INVESTORS SERVICE
Malaysia MARC
MIS affiliate (majority)
MIS affiliate (minority)
Moody's Local
MOODY'S
LOCAL
MERIS Egypt
Middle East Rating &
Mexico
Argentina
Brazil
Peru
Midroog Israel
VM
SUBSIDIARY
ARY OF MOODY'S
ICRA
A MOODY'S INVESTORS
SERVICE COMPANY
$700
million
Other Emerging Markets
MIS Emerging Markets Revenue¹
$346M
China
Size of domestic
CRA markets
|中诚信国际
CCXI
$140M
India
South Korea
Korea Investors Service
AN AFFILIATE OF MOODY'S INVESTORS SERVICE
CAGR 9%
2011
2021
■Emerging Asia
■Latin America ■Middle East
■CEE/CIS
■ Africa
Note: Size of pie represents the estimated total CRA revenue from domestic markets ($700 million) as of September 30, 2021.
Note: In May 2022, Moody's acquired a majority (51%) stake in Global Credit Rating Company Limited (GCR), a leading credit rating agency in Africa. In April 2022, Moody's acquired Class y Asociados S.A. Clasificadora de Riesgo (Class), a
leading credit rating agency in Peru.
1.
Includes revenue from cross border issuance. Refer to slide 21 titled "Debt Capital Market Penetration Continues" for regional definitions. Emerging Asia includes China and India.
MOODY'S | DECODE RISK. UNLOCK OPPORTUNITY.
3Q 2022 Investor Presentation 29View entire presentation