Starwood Property Trust entered into an indenture and closed a private offering of $500 million of 5.875% senior unsecured notes due 2029 to support refinancing and sustainability initiatives. Issued under Rule 144A/Reg S, the notes pay interest semi-annually and mature on August 15, 2029. The company plans to allocate an amount equal to the net proceeds to eligible green and/or social projects and may redeem up to all of its $500 million 4.375% senior notes due 2027, with remaining proceeds available for general corporate purposes including repayment under repurchase facilities.
Agreement details:
- Agreement type: Indenture and private offering of senior unsecured notes
- Counterparty: Bank of New York Mellon
- Signed / Effective: Jul 10 2026 / Jul 10 2026
- Duration / Termination: Until Aug 15 2029
- Reason: Refinance 2027 notes and fund eligible green/social projects and other purposes
Original SEC Filing:
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