BHP ratings junked in commodity rout

RATINGS agency Moody's has kicked BHP Billiton's credit rating down two notches from A1 to A3 negative outlook, the fourth-lowest investment grade rating, in the face of the diversified conglomerate's ongoing commodity woes, particularly in its iron ore and petroleum interests.

BHP ratings junked in commodity rout BHP ratings junked in commodity rout BHP ratings junked in commodity rout BHP ratings junked in commodity rout BHP ratings junked in commodity rout

The world's biggest mining company said it remains "committed to maintaining its strong balance sheet through the cycle", but Moody's has warned that lower commodity prices are set to weigh on the

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