debt
confidence high
sentiment neutral
materiality 0.50
Starwood Property Trust launches $400M private offering of unsecured senior notes due 2030
STARWOOD PROPERTY TRUST, INC.
- $400M aggregate principal amount of unsecured senior notes due 2030 offered in private placement.
- Proceeds to finance or refinance eligible green and/or social projects; excess for general corporate purposes.
- Notes offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S; unregistered.
- Pending full allocation, proceeds may repay outstanding indebtedness under repurchase facilities.