ME Newswire / Businesswire
NEW YORK - Saturday, November 16th 2013
Moody's Corporation (NYSE:MCO) today announced that it has made a
$50,000 donation to the American Red Cross through its philanthropic
arm, The Moody’s Foundation, to support relief efforts for victims of
Typhoon Haiyan (known locally as Typhoon Yolanda) in the Philippines
and surrounding areas.
“Our thoughts are with the people of the Philippines and their families
around the world as they begin to recover from his tragic event. We
encourage everyone who is able to contribute to the relief and
rebuilding effort,” said Frances Laserson, President of The Moody’s
Foundation.
In addition, Moody’s is encouraging its employees to donate to the
relief effort by offering to match the donations they make to eligible
charity organizations via its matching gift program.
The American Red Cross is part of the global Red Cross/Red Cresent
network, the world’s largest humanitarian network, with 13 million
volunteers in 187 countries. The funds will be used to support Red
Cross operations providing shelter, food, and emotional support in the
Philippines.
The Moody’s Foundation and Moody’s employees around the world have
previously supported disaster relief, such as for Hurricane Sandy, the
2011 Japan earthquake and tsunami, and the 2010 earthquake in Haiti.
For more information about The Moodys’s Foundation, please visit
www.philanthropy.moodys.com.
ABOUT MOODY'S CORPORATION
Moody's is an essential component of the global capital markets,
providing credit ratings, research, tools and analysis that contribute
to transparent and integrated financial markets. Moody’s Corporation
(NYSE: MCO) is the parent company of Moody's Investors Service, which
provides credit ratings and research covering debt instruments and
securities, and Moody's Analytics, which offers leading-edge software,
advisory services and research for credit and economic analysis and
financial risk management. The Corporation, which reported revenue of
$2.7 billion in 2012, employs approximately 7,200 people worldwide and
maintains a presence in 29 countries. Further information is available
at www.moodys.com.
Contacts
Moody's Corporation
MICHAEL ADLER, 212-553-4667
Senior Vice President
Corporate Communications
michael.adler@moodys.com
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