Commercial And Military Flight Simulation - Global Strategic Business Report
- Language: English
- 774 Pages
- Published: October 2012
- Region: World
Abstract
MELBOURNE (Standard & Poor's) Aug. 25, 2011--Standard & Poor's Ratings Services said today that BHP Billiton Ltd.'s (A+/Stable/A-1) record financial results for the year ended June 30, 2011 will help mitigate the risks associated with the group's recent partly debt-funded acquisitions. In March 2011, BHP Billiton acquired Chesapeake Energy Corp.'s interests in the Fayetteville shale (USA) for US$4.75 billion. On July 14, 2011, BHP Billiton proposed to acquire Petrohawk Energy Corp. for a total enterprise value of about US$15.1 billion (including the assumption of net debt); at Aug. 19, 2011, shares tendered represented approximately 97.4% of the total outstanding shares of Petrohawk, which we believe should expedite resolution of the takeover. In our view, BHP Billion's credit profile can accommodate...
Companies mentioned in this report are: BHP Billiton Ltd.,BHP Billiton PLC
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the
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BHP Billiton Ltd.,BHP Billiton PLC
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |