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S&P warns the buffer around BHP Billiton's (BHP +3.7%) single-A credit rating has diminished...

S&P warns the buffer around BHP Billiton's (BHP +3.7%) single-A credit rating has diminished with the slump in commodity prices, although it affirms its rating and says the outlook remains stable. "We believe BHP Billiton, compared to its peers, has the best asset diversity and is the most financially flexible to respond to weakening commodity prices," S&P says.
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