Moody’s assigns DigiPlus first B1 rating with stable outlook

Moody’s Ratings assigned DigiPlus Interactive Corporation a first-time B1 corporate family rating with a stable outlook, according to the Philippine-listed online-gaming operator’s 11 September disclosure. A corporate family rating assesses the credit risk of a corporate group, while B1 sits below investment grade on Moody’s scale.

The rating gives lenders and investors an external benchmark for DigiPlus’s credit risk as its regulated Philippine online-gaming business expands. A stable outlook signals that Moody’s does not currently expect a near-term rating change; it is not a guarantee of operating or regulatory stability.