Original article by Matt Chambers
The Australian – Page: 19 : 25-Jan-16

A move by Standard & Poor’s to reduce its price assumptions for key commodities could jeopardise BHP Billiton’s credit rating. The ratings agency has scaled back its iron ore price forecast for 2016 and 2017 by 20 per cent, to $US40 per tonne, while price forecasts for other metals have also been downgraded. Meanwhile, Richard Knights of Liberum Capital has warned that BHP may need to undertake a rights issue to protect its credit rating.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, STANDARD AND POOR’S CORPORATION, LIBERUM CAPITAL LIMITED, MERRILL LYNCH AND COMPANY INCORPORATED