Woodside Finance, a subsidiary of client Woodside Energy Group (Woodside), completed its SEC-registered debt offering of $3.5 billion of fixed-rate notes, guaranteed by Woodside, comprising $500 million of 4.9% senior notes due 2028, $1.25 billion of 5.4% senior notes due 2030, $500 million of 5.7% senior notes due 2032 and $1.25 billion of 6% senior notes due 2035.
S&C has advised Woodside on $5.5 billion of debt offerings in the past eight months, including on its debut SEC-registered debt offering of $2 billion of fixed-rate notes in September 2024.
Woodside is a global energy company providing reliable and affordable energy to help people lead better lives. Woodside pioneered Australia’s LNG industry and remains one of the largest suppliers of Australian LNG to major regional trading partners. Woodside’s international portfolio includes assets in North America and Senegal.
The S&C team that represented Woodside consisted of Wally Jones, Ben Fleming and Jin Lee. Eric Wang and Saul Brander advised on U.S. taxation matters, and Kirsten Rodger and trainee solicitor Alex Goulding advised on UK/EU matters.