Starwood Property Trust Announces Pricing of Private Offering of Sustainability Bonds
Starwood Property Trust (NYSE:STWD) has announced the pricing of $500 million in sustainability bonds. The 5.250% unsecured senior notes, due in 2028, were priced at 100.0% of principal amount with a 168 basis point spread over the three-year US Treasury bond.
The offering, expected to close on October 6, 2025, will be available only to qualified institutional buyers and non-U.S. persons. The proceeds will be used to finance or refinance eligible green and social projects, with any remaining funds allocated to general corporate purposes, including the potential repayment of outstanding indebtedness under the Company's repurchase facilities.
Starwood Property Trust (NYSE:STWD) ha annunciato la definizione del prezzo di $500 milioni in obbligazioni sostenibili. Le note senior non garantite al 5,250%, con scadenza nel 2028, sono state offerte al 100,0% dell'importo nominale con uno spread di 168 punti base rispetto al Treasury US a tre anni.
L'offerta, che dovrebbe chiudersi il 6 ottobre 2025, sarà disponibile solo per acquirenti istituzionali qualificati e persone non statunitensi. Il ricavato sarà utilizzato per finanziare o rifinanziare progetti verdi e sociali ammissibili, e eventuali fondi residui saranno destinati a scopi societari generali, incluso il possibile rimborso dell'indebitamento in essere sotto le strutture di riacquisto dell'azienda.
Starwood Property Trust (NYSE:STWD) ha anunciado el precio de $500 millones en bonos sostenibles. Las notas senior no garantizadas al 5,250%, con vencimiento en 2028, se cotizaron al 100,0% del nominal con un spread de 168 puntos base sobre el bono del Tesoro de EE. UU. a tres años.
La oferta, que se espera cierre el 6 de octubre de 2025, estará disponible solo para compradores institucionales calificados y personas no estadounidenses. Los ingresos se usarán para financiar o refinanciar proyectos verdes y sociales elegibles, y cualquier fondo restante se asignará a fines corporativos generales, incluyendo el posible reembolso de deudas bajo las instalaciones de recompra de la Compañía.
Starwood Property Trust (NYSE:STWD)가 지속가능성 채권의 $5억 가격 책정을 발표했습니다. 5.250% 무담보 1순위 채권으로 2028년 만기이며, 3년물 미국 재무부채 대비 168bp 스프레드를 적용한 채권 단위액 100.0%로 발행되었습니다.
공모는 2025년 10월 6일에 마감될 예정이며, 자격 있는 기관투자자와 미국 외 개인에게만 제공됩니다. 조달금액은 eligible green 및 social 프로젝트의 자금 조달 또는 재융자에 사용되며, 남은 자금은 일반 기업용으로 배정되어 회사의 차입금 상환 facility의 outstanding 부채 상환 가능성도 포함됩니다.
Starwood Property Trust (NYSE:STWD) a annoncé le prix d'500 millions de dollars en obligations durables. Les obligations senior non garanties à 5,250%, arrivant à échéance en 2028, ont été émises au prix de 100,0% du montant nominal avec un écart de 168 points de base par rapport à l'obligation d'État américaine à trois ans.
L'offre, qui devrait être clôturée le 6 octobre 2025, sera accessible uniquement aux acheteurs institutionnels qualifiés et aux personnes non américaines. Le produit sera utilisé pour financer ou refinancer des projets verts et sociaux éligibles, tout fonds restant étant affecté à des besoins généraux de la société, y compris le remboursement éventuel de l'endettement en cours au titre des facilités de rachat de la Société.
Starwood Property Trust (NYSE:STWD) hat die Preisfestsetzung von 500 Millionen USD in Nachhaltigkeitsanleihen bekannt gegeben. Die 5,250%-ungehürten Senior Notes mit Fälligkeit 2028 wurden zu 100,0% des Nominalwerts zugelegt, mit einem Spread von 168 Basispunkten gegenüber dem dreijährigen US-Staatsanleihen.
Das Angebot soll voraussichtlich am 6. Oktober 2025 geschlossen werden und steht qualifizierten institutionellen Käufern und Nicht-US-Personen offen. Die Erlöse werden verwendet, um berechtigte grüne und soziale Projekte zu finanzieren oder zu refinanzieren; überschüssige Mittel werden für allgemeine Unternehmenszwecke verwendet, einschließlich der möglichen Rückzahlung ausstehender Verbindlichkeiten unter den Rückkauffazilitäten des Unternehmens.
Starwood Property Trust (NYSE:STWD) أعلنت تسعير سندات استدامة بقيمة 500 مليون دولار. تم تسعير السندات الأطول أمناً غير المضمونة بعائد 5.250% وتواريخ استحقاقها 2028، بسعر عند 100.0% من القيمة الاسمية مع فروق قدرها 168 نقطة أساس فوق سند الخزانة الأميركي لمدة ثلاث سنوات.
من المتوقع أن يُغلق العرض في 6 أكتوبر 2025، وسيكون متاحاً فقط للمشترين المؤسسيين المؤهلين والجهات غير الأمريكية. سيتم استخدام العائدات لتمويل أو إعادة تمويل مشاريع خضراء واجتماعية مؤهلة، مع تخصيص أي أموال متبقية لأغراض الشركات العامة، بما في ذلك احتمال سداد الدين القائم بموجب تسهيلات إعادة الشراء الخاصة بالشركة.
Starwood Property Trust (NYSE:STWD)宣布定价价值 $5亿美元 的可持续发展债券。5.250% 无担保高级票据，到期日为 2028 年，定价为名义本金的 100.0%，相对于三年期美国国债的利差为 168 个基点。
此次发行预计将于 2025 年 10 月 6 日 完成，仅向合格机构买家和非美国个人开放。募集资金将用于资助或再融资符合条件的绿色和社会项目，剩余资金将用于公司的一般企业用途，包括可能用于偿还公司回购设施下的现有债务。
- Successful pricing of $500 million sustainability bonds indicates strong market confidence
- Strategic focus on green and social projects demonstrates ESG commitment
- Reasonable pricing with 168 basis point spread over Treasury bonds shows favorable market conditions
- Additional debt could increase the company's leverage and interest expenses
- Restricted offering availability limited to qualified institutional buyers may limit investor participation
The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects. Net proceeds allocated to previously incurred costs associated with eligible green and/or social projects will be available for the repayment of indebtedness previously incurred. Pending full allocation of an amount equal to the net proceeds to eligible green and/or social projects, the Company intends to use the net proceeds for general corporate purposes, which may include the repayment of outstanding indebtedness under the Company's repurchase facilities.
The Notes were offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and non-
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, 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
Forward-Looking Statements
Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with respect to the anticipated settlement of the offering and the use of proceeds. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include: (i) factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025, including those set forth under the captions "Risk Factors", "Business", and "Management's Discussion and Analysis of Financial Condition and Results of Operations"; (ii) defaults by borrowers in paying debt service on outstanding indebtedness; (iii) impairment in the value of real estate property securing the Company's loans or in which the Company invests; (iv) availability of mortgage origination and acquisition opportunities acceptable to the Company; (v) potential mismatches in the timing of asset repayments and the maturity of the associated financing agreements; (vi) national and local economic and business conditions, including as a result of the impact of public health emergencies; (vii) the occurrence of certain geo-political events (such as wars, terrorist attacks and tensions between states, including global trade disputes related to tariffs) that affect the normal and peaceful course of international relations; (viii) general and local commercial and residential real estate property conditions; (ix) changes in federal government policies; (x) changes in federal, state and local governmental laws and regulations; (xi) increased competition from entities engaged in mortgage lending and securities investing activities; (xii) changes in interest rates; (xiii) the availability of, and costs associated with, sources of liquidity; and (xiv) unanticipated difficulties or expenditures relating to, or the failure to realize the benefits of, the acquisition of Fundamental Income Properties, LLC.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.
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