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S&P threatens ‘less diversified’ BHP with double downgrade – The Australian Financial Review

BHP’s credit rating may be cut to the lowest level in its history as S&P says the exit from petroleum will leave it heavily reliant…

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We could lower our ratings on BHP by up to two notches in the coming months, based on our updated review of the strength of the groups business risk profile, if the divestment of its petroleum assets takes place as proposed. The rating action will be subject…

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