Woodside Energy Group (AU:WDS) has released an update.
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Woodside Energy Group has successfully priced a substantial US$2 billion bond offer, split into a US$1.25 billion 10-year segment at 5.1% interest and a US$0.75 billion 30-year tranche at 5.7%. The bonds are to be issued by its wholly owned subsidiary, Woodside Finance Limited, and guaranteed by the parent company. The proceeds are earmarked for general corporate purposes, with settlement anticipated for mid-September 2024.
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