Don’t believe the hype about BHP — but if a deal comes, it’ll be good

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Don’t believe the hype about BHP — but if a deal comes, it’ll be good

Reports of Citigroup underwriting a $70bn loan for BHP Billiton are probably exaggerated. But if at some point BHP does come to the loan market to finance a bid for Rio Tinto, the deal is likely to be well received.

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