debt
confidence high
sentiment neutral
materiality 0.45
Starwood Property Trust launches $500M private offering of unsecured senior notes due 2029
STARWOOD PROPERTY TRUST, INC.
- $500M aggregate principal of unsecured senior notes due 2029 offered in private placement.
- Net proceeds allocated to finance/refinance eligible green and/or social projects.
- Proceeds may also fund redemption of up to all $500M of 4.375% Senior Notes due 2027 or general corporate purposes.
- Notes offered only to QIBs under Rule 144A and non-U.S. persons under Regulation S; not registered under Securities Act.