Moody's changes BHP Billiton Group's outlook to stable; affirms ratings
Sydney, November 25, 2016-- Moody's Investors Service has changed the rating outlook of BHP Billiton Limited and BHP Billiton Plc to stable from negative and affirmed their A3 senior unsecured and P-2 short- term ratings. Moody's also changed the outlook to stable from negative for the ratings of subsidiaries and affirmed the other ratings of the Group. A full list of the ratings affected can be found at the end of this press release.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
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