Starwood Property Trust Upsizes $550M Bond Offering for Green and Social Projects

Starwood Property Trust (STWD) has upsized its private offering to $550 million for 5.750% unsecured senior notes due in 2031. The company plans to use the proceeds for green and social projects, debt repayment, and general corporate activities. The notes were priced at face value, with a settlement date set for October 14, 2025. The company intends to use the proceeds to finance or refinance suitable green and social projects and may allocate funds to repay related debt. Unallocated proceeds will support general corporate activities.