Starwood Property Trust Upsizes Private Offering to $550mln, Prices 5.750% Unsecured Senior Notes

Starwood Property Trust has priced a $550 million private offering of 5.750% unsecured senior notes due 2031, upsized from $500 million. The notes priced at 100% of the principal amount and the settlement is expected on October 14. The company will allocate net proceeds to finance eligible green and/or social projects, repay indebtedness, and use the remaining amount for general corporate purposes.

Starwood Property Trust, Inc. (NYSE: STWD) has priced a $550 million private offering of 5.750% unsecured senior notes due 2031, an increase from the previously announced $500 million Starwood Property Trust Announces Upsizing and Pricing ...^[1]. The notes were priced at 100% of the principal amount, with a settlement expected on October 14, subject to customary closing conditions Starwood Property Trust Announces $500 Mln Sr. Notes Offering^[2].

The company plans to allocate the net proceeds from the offering to finance or refinance recently completed or future eligible green and/or social projects. Any net proceeds allocated to previously incurred costs associated with these projects will be used to repay indebtedness previously incurred. Until the full allocation of net proceeds to eligible green or social projects, the remaining funds will be used for general corporate purposes, including the repayment of outstanding debt under the Company's repurchase facilities Starwood Property Trust Announces Upsizing and Pricing ...^[1].

The notes were offered only to qualified institutional buyers and non-U.S. persons outside the United States, in reliance on Rule 144A under the Securities Act of 1933, as amended, and Regulation S under the Securities Act. They will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from the registration requirements of the Securities Act or any state securities laws Starwood Property Trust Announces Upsizing and Pricing ...^[1].

Starwood Property Trust is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. 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 Starwood Property Trust Announces $500 Mln Sr. Notes Offering^[2].