Nov 23 (Reuters) - S&P:
* S&P- ratings on BHP Billiton (L:BLT) Ltd affirmed at 'a+/a-1', outlook remains
negative
* S&P-BHP Billiton's financial risk profile likely to worsen in 2016, due to
weak commodity prices and co's commitment to progressive dividend payment
* S&P- revised assessment of BHP Billiton's liquidity to "strong" from
"adequate", following recent issuance of about US$6.5 billion hybrid notes
* S&P- expect BHP billiton's sources of liquidity in 2016 to exceed uses by
1.5x
* Source (http://bit.ly/21dttWR)
* Further company coverage BHP.AX