debt
confidence high
sentiment neutral
materiality 0.55
Starwood Property Trust prices $500M 6.5% notes due 2030, upsized from $400M
STARWOOD PROPERTY TRUST, INC.
- Priced $500M aggregate principal of 6.500% unsecured senior notes due 2030; upsized from $400M.
- Notes priced at par; settlement expected December 27, 2024, subject to customary conditions.
- Net proceeds to repay $400M of 3.750% Senior Notes due 2024 and fund eligible green/social projects.