March 3 (Reuters) - Credit ratings agency Moody's Investors Service cut its ratings on BHP Billiton Plc BLT.L to "A3" from "A1", citing a deterioration in the company's earnings and cash flow.
Moody's said it expected BHP's credit metrics to remain substantially weaker, as low commodity prices and softer demand fail to offset changes in the company's dividend policy. cut its dividend and abandoned its progressive dividend policy last week.