Starwood Property Trust Offers $500M Senior Notes Due 2029

Starwood Property Trust, Inc. announced a private offering of $500 million aggregate principal amount of unsecured senior notes due 2029. The company intends to allocate the net proceeds to finance or refinance eligible green and/or social projects. Pending full allocation, the proceeds may be used to fund the redemption of up to all of its $500 million outstanding 4.375% Senior Notes due 2027 or for general corporate purposes.