Starwood Property Trust Announces Upsizing and Pricing of Private Offering of Sustainability Bonds
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Starwood Property Trust upsized its private offering of sustainability bonds from $400 million to $500 million, with the bonds priced at a 6.500% interest rate and due in 2030.
December 17, 2024 | 10:45 pm
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POSITIVE IMPACT
Starwood Property Trust increased its sustainability bond offering to $500 million, indicating strong demand and confidence in its financial strategy.
The upsizing of the bond offering from $400 million to $500 million suggests strong investor demand and confidence in Starwood's financial health and sustainability initiatives. This could positively impact the stock price as it reflects a successful capital raising effort.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100