debt
confidence high
sentiment neutral
materiality 0.65
Starwood Property Trust launches $400M sustainability bond offering due 2029
STARWOOD PROPERTY TRUST, INC.
- Private offering of $400M aggregate principal amount of unsecured senior notes due 2029.
- Proceeds will finance or refinance eligible green and/or social projects; remainder for general corporate purposes including repaying repurchase facility debt.
- Notes offered only to qualified institutional buyers (Rule 144A) and non-U.S. persons (Regulation S); not registered under Securities Act.
- Issuer ticker: STWD; notes are sustainability bonds with green/social allocation intent.
- Net proceeds allocated to previously incurred green/social costs will be used to repay existing indebtedness.