Skip to content

Today Standard & Poor’s (S&P) Rating Services reaffirmed BHP Billiton’s A credit rating, reflecting the strength of the Company’s balance sheet.

BHP Billiton CFO, Peter Beaven, said: “We assess the strength of our balance sheet through a number of indicators, which include cash flow to net debt metrics, total liquidity, gearing ratio and our debt maturity profile.

“BHP Billiton has maintained a strong balance sheet through the cycle. With a series of well-timed debt and hybrid issuances over the last few years we have been able to successfully capitalise on a low-interest rate environment, diversify our exposure across multiple markets and significantly extend our debt maturity profile.”

BHP Billiton’s solid cash flow to net debt metrics, along with liquidity of US$17 billion and moderate gearing are testament to this disciplined approach. These factors are reflected in S&P’s decision to reaffirm the Company’s A rating.

Mr Beaven said: “Our commitment to maintain a solid A credit rating through the cycle provides us with access to low-cost funding, financial strength and flexibility - which creates optionality and protection against heightened global volatility.”

For more information, please see our News Release.

Subscribe to news alerts

No keyword(s) entered

Please ensure you enter a keyword and try searching again

Invalid email

Sorry, we are unable to subscribe you. Please ensure you have entered a valid email address and try again.

Subscription received

Thank you for subscribing to BHP Billiton news alerts. Please check your email for confirmation of your subscription.

Subscription confirmed

You have already signed up to our newsletter.

Loading the player...