CAPITAL MARKETS

Moody's raises BHPB rating one notch

MOODY'S Investors Service has raised its debt ratings for BHP Billiton, the world's largest diversified miner, because of its success at merging the group's operations following its creation in June last year.

Greg Tubby

Moody's raises BHPB rating one notch

Moody's said it has upgraded the senior unsecured rating to A2 from A3 and the short-term rating to P1 from P2. The preferred stock rating of BHP Operations was also boosted to A3 from Baa1. "BHPB...

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