1st Feb 2016 17:27
NEWS RELEASE
Release Time | Immediate |
Date | 1 February 2016 |
Release Number | 3/16 |
STANDARD & POOR'S REVIEW OF BHP BILLITON'S CREDIT RATING
BHP Billiton notes the announcement today, 1 February 2016, by Standard & Poor's that it has lowered the credit ratings of BHP Billiton Limited and BHP Billiton Plc from A+ to A.
The rating on BHP Billiton's senior secured notes has been lowered from A+ to A and subordinated notes from A- to BBB+.
BHP Billiton has also been placed on 'CreditWatch with negative implications' and Standard & Poor's has advised it aims to resolve the CreditWatch after the release of BHP Billiton's Results for the half year ended 31 December 2015.
BHP Billiton has the strongest credit rating in the sector and remains committed to maintaining its strong balance sheet through the cycle.
Further information on BHP Billiton can be found at: bhpbilliton.com
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BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Finance Limited ABN 82 008 519 319 Registered in Australia Registered Office: Level 16, 171 Collins Street Melbourne Victoria 3000 Australia Tel +61 1300 55 4757 Fax +61 3 9609 3015 | BHP Billiton Plc Registration number 3196209 BHP Billiton Finance Plc Registration number 6683534 Registered in England and Wales Registered Office: Neathouse Place London SW1V 1LH United Kingdom Tel +44 20 7802 4000 Fax +44 20 7802 4111 | |
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