debt
confidence high
sentiment neutral
materiality 0.60
Starwood Property Trust launches $600M private offering of unsecured notes due 2031
STARWOOD PROPERTY TRUST, INC.
- Offering $600M unsecured senior notes due 2031 in a private placement under Rule 144A/Reg S.
- Proceeds to redeem $400M of 3.625% Senior Notes due 2026 and for general corporate purposes.
- Company plans to allocate net proceeds to eligible green and/or social projects (sustainability bond).
- Notes are not registered under the Securities Act and offered only to QIBs and non-U.S. persons.