MELBOURNE (S&P Global Ratings) Sept. 5, 2024--S&P Global Ratings said today that it has assigned its 'BBB+' long-term issue rating to the proposed senior unsecured notes that Woodside Energy Group Ltd. (Woodside) guarantees. The proposed notes will be issued by Woodside Finance Ltd., a financing subsidiary of the Australia-based oil and gas producer. The notes will have the same rank as the company's existing senior unsecured notes. The issue rating is in line with the 'BBB+' long-term issuer credit rating on Woodside. Woodside intends to use the net proceeds from the offering of the notes for general corporate purposes, which may include, but are not limited to, working capital, capital expenditures and partially funding the cash consideration for the announced
