NYSE:STWDMortgage REITs
Starwood Property Trust (STWD) Raises $500 Million For Green And Social Projects
Starwood Property Trust (NYSE:STWD) has launched a $500 million private offering of unsecured senior notes due 2029.
The company intends to allocate the proceeds to eligible green and/or social projects under its sustainability framework.
The transaction also includes plans to refinance or redeem certain existing debt obligations.
Starwood Property Trust is adding a fresh layer to its funding mix with this sustainable bond issue, tying a sizeable portion of new capital to green and social...