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News: BHP S&P cuts BHP Billiton to 'A' from 'A+'

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    Feb 1 (Reuters) - S&P:

    • S&P cuts BHP Billiton to 'A' from 'A+', ratings placed on creditwatch

      negative on low commodity prices

    • S&P - oversupply of crude oil in the market results in very weak oil,henry

      hub gas prices, which we now believe will last over the foreseeable future

    • S&P - creditwatch negative reflects possibility that we could cut rating by

      another notch if BHP remains committed to its progressive dividend policy

    • Source (http://bit.ly/1UDnZ2M)
    • Further company coverage
 
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