Starwood Property Trust Announces Private Offering of Sustainability Bonds
Starwood Property Trust (NYSE: STWD) has announced a private offering of $400 million in unsecured senior notes due 2030, structured as sustainability bonds. The offering will be exclusively available to qualified institutional buyers and non-U.S. persons under specific Securities Act regulations.
The company plans to use the net proceeds to finance or refinance eligible green and social projects. Some funds may be allocated to cover previously incurred costs for eligible projects, while remaining proceeds will support general corporate purposes, including potential repayment of outstanding indebtedness under the company's repurchase facilities.
The Notes will not be initially registered under the Securities Act or state securities laws, requiring buyers to rely on Rule 144A and Regulation S exemptions for the transaction.
Starwood Property Trust (NYSE: STWD) ha annunciato un'offerta privata di 400 milioni di dollari in note senior non garantite con scadenza nel 2030, strutturate come obbligazioni di sostenibilità. L'offerta sarà disponibile esclusivamente per acquirenti istituzionali qualificati e persone non statunitensi secondo specifiche normative del Securities Act.
L'azienda prevede di utilizzare il ricavato netto per finanziare o rifinanziare progetti verdi e sociali idonei. Parte dei fondi potrebbe essere destinata a coprire costi precedentemente sostenuti per progetti idonei, mentre il restante ricavato sosterrà fini aziendali generali, inclusa la potenziale restituzione di debiti in sospeso nell'ambito delle strutture di riacquisto dell'azienda.
Le note non saranno inizialmente registrate ai sensi del Securities Act o delle leggi statali sui titoli, richiedendo agli acquirenti di fare affidamento sulle esenzioni di Regola 144A e Regolamento S per la transazione.
Starwood Property Trust (NYSE: STWD) ha anunciado una oferta privada de 400 millones de dólares en notas senior no garantizadas con vencimiento en 2030, estructuradas como bonos de sostenibilidad. La oferta estará disponible exclusivamente para compradores institucionales calificados y personas no estadounidenses bajo regulaciones específicas de la Ley de Valores.
La compañía planea utilizar los ingresos netos para financiar o refinanciar proyectos verdes y sociales elegibles. Algunos fondos pueden destinarse a cubrir costos previamente incurridos para proyectos elegibles, mientras que el resto de los ingresos apoyará propósitos corporativos generales, incluida la posible devolución de deudas pendientes bajo las instalaciones de recompra de la compañía.
Las notas no estarán inicialmente registradas bajo la Ley de Valores o las leyes estatales de valores, lo que requerirá que los compradores se basen en las exenciones de la Regla 144A y el Regulamento S para la transacción.
스타우드 프로퍼티 트러스트 (NYSE: STWD)는 2030년 만기인 4억 달러 규모의 무담보 선순위 채권을 지속 가능성 채권으로 구조화하여 사모 발행한다고 발표했습니다. 이 발행은 특정 증권법 규정에 따라 자격을 갖춘 기관 투자자와 비미국인에게만 독점적으로 제공됩니다.
회사는 순수익을 사용하여 적격한 녹색 및 사회적 프로젝트를 금융하거나 재융자할 계획입니다. 일부 자금은 적격 프로젝트에 대해 이전에 발생한 비용을 충당하는 데 사용될 수 있으며, 나머지 수익은 회사의 재매입 시설에 따른 미지급 부채의 상환 가능성을 포함하여 일반 기업 목적을 지원하는 데 사용될 것입니다.
채권은 처음에 증권법 또는 주 증권법에 따라 등록되지 않으며, 구매자는 거래를 위해 144A 규칙 및 S 규정의 면제를 의존해야 합니다.
Starwood Property Trust (NYSE: STWD) a annoncé une offre privée de 400 millions de dollars en obligations senior non garanties arrivant à échéance en 2030, structurées en tant qu'obligations de durabilité. L'offre sera exclusivement disponible pour des acheteurs institutionnels qualifiés et des personnes non américaines selon des réglementations spécifiques de la loi sur les valeurs mobilières.
La société prévoit d'utiliser le produit net pour financer ou refinancer des projets verts et sociaux éligibles. Une partie des fonds pourrait être allouée à couvrir des coûts déjà engagés pour des projets éligibles, tandis que le reste des produits soutiendra des fins corporatives générales, y compris le remboursement potentiel de dettes en cours dans le cadre des installations de rachat de la société.
Les obligations ne seront pas initialement enregistrées en vertu de la loi sur les valeurs mobilières ou des lois étatiques sur les valeurs, ce qui obligera les acheteurs à s'appuyer sur les exemptions de la règle 144A et de la réglementation S pour la transaction.
Starwood Property Trust (NYSE: STWD) hat eine private Platzierung von 400 Millionen Dollar in unbesicherten Senior Notes mit Fälligkeit im Jahr 2030 angekündigt, die als Nachhaltigkeitsanleihen strukturiert sind. Das Angebot wird ausschließlich für qualifizierte institutionelle Käufer und Nicht-US-Personen unter spezifischen Vorschriften des Wertpapiergesetzes verfügbar sein.
Das Unternehmen plant, die Nettoerlöse zur Finanzierung oder Refinanzierung von grünen und sozialen Projekten zu verwenden. Ein Teil der Mittel kann verwendet werden, um zuvor angefallene Kosten für berechtigte Projekte zu decken, während die verbleibenden Erlöse allgemeine Unternehmenszwecke unterstützen, einschließlich der möglichen Rückzahlung ausstehender Verbindlichkeiten im Rahmen der Rückkaufvereinbarungen des Unternehmens.
Die Anleihen werden zunächst nicht gemäß dem Wertpapiergesetz oder den staatlichen Wertpapiergesetzen registriert, was bedeutet, dass Käufer sich auf die Ausnahmen gemäß Regel 144A und Regulierung S für die Transaktion verlassen müssen.
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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 will be 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, Inc. (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 December 31, 2024, the Company has successfully deployed over
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 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, 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; and (xiii) the availability of, and costs associated with, sources of liquidity.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.
FAQ
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