Starwood Property Trust raises ~$502M in equity offering to fund Fundamental Income acquisition

STARWOOD PROPERTY TRUST, INC.

Issued 25.5M shares; net proceeds ~$501.5M (~$577M if underwriters' option fully exercised).
Proceeds primarily to fund pending acquisition of Fundamental Income Properties, LLC.
Offering closed July 18, 2025; underwriters: BofA Securities and Wells Fargo Securities.
If acquisition fails to close, proceeds may be used for loan origination, investments, or debt repayment.

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