debt
confidence high
sentiment neutral
materiality 0.55
Starwood Property Trust prices $500M 6.500% senior notes due 2030, upsized from $400M
STARWOOD PROPERTY TRUST, INC.
- Private offering of $500M aggregate principal amount of 6.500% unsecured senior notes due 2030.
- Upsized from initially announced $400M; notes priced at 100.0% of principal.
- Settlement expected April 8, 2025, subject to customary closing conditions.
- Net proceeds to be allocated to eligible green/social projects or for general corporate purposes.
- Notes offered only to QIBs and non-U.S. persons under Rule 144A/Reg S.