Starwood Property Trust, Inc. (NYSE: STWD) has announced a private offering of $500 million aggregate principal amount of its unsecured senior notes due 2028. The company intends to allocate the net proceeds from the offering to finance or refinance eligible green and/or social projects. Pending full allocation of the net proceeds to such projects, the company plans to use the remaining funds for general corporate purposes, including the repayment of outstanding indebtedness under the company’s repurchase facilities.
As of June 30, 2025, the company has successfully deployed $108 billion of capital since inception and manages a portfolio of over $27 billion across debt and equity investments.
No specific financial metrics have been provided in the press release, so it's unclear how this offering compares to the company's previous financial performance.
The notes will be offered only to qualified institutional buyers and non-U.S. persons. They will not be registered under the Securities Act or any state securities laws.
Starwood Property Trust, Inc., an affiliate of global private investment firm Starwood Capital Group, is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. The company's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk-adjusted returning investments across its target assets.
This press release contains forward-looking statements. Today the company's shares have moved -0.34% to a price of $20.23. For the full picture, make sure to review STARWOOD PROPERTY TRUST, INC.'s 8-K report.