BHP Billiton enters bond market

As the Eurozone appears to be heading over the event horizon into a black hole of debt, investors are wondering where to put their money. Cue, stage left, BHP Billiton, the global mining giant.

As the Eurozone appears to be heading over the event horizon into a black hole of debt, investors are wondering where to put their money. Cue, stage left, BHP Billiton, the global mining giant.

BHP is entering the bond market to raise $3bn for what it describes for "general corporate purposes" and to pay back outstanding debts.

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