other material
confidence high
sentiment neutral
materiality 0.60
Starwood Property Trust files $500M ATM equity offering program
STARWOOD PROPERTY TRUST, INC.
- Entered sales agreement with 9 agents to sell up to $500M of common stock at market prices, with commissions up to 2.0%.
- Filed new Form S-3 shelf registration to maintain an effective registration statement for future offerings.
- Also filed prospectus supplements for resale shares by selling stockholders and for dividend reinvestment plan shares.
- Company has no obligation to sell any shares and may suspend solicitations at any time.