Starwood Property Trust prices $600 million sustainability bond offering

Starwood Property Trust Inc. (NYSE: STWD) announced the pricing of a private offering of $600 million in 6.125% unsecured senior notes due 2031. The notes priced at 100% of principal amount with settlement expected May 26, 2026, subject to customary closing conditions.

The company stated it intends to allocate an amount equal to the net proceeds to finance or refinance eligible green and social projects. Until full allocation occurs, Starwood Property Trust plans to use proceeds to redeem or repay $400 million of outstanding 3.625% senior notes due 2026 and for general corporate purposes, including repayment of debt under repurchase facilities.

The notes were offered to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S. The securities are not registered under the Securities Act of 1933 and cannot be offered or sold in the United States without registration or an applicable exemption.

Starwood Property Trust, an affiliate of Starwood Capital Group, operates as a diversified finance company focused on real estate and infrastructure sectors. As of March 31, 2026, the company reported deploying over $117 billion of capital since inception and managing a portfolio exceeding $31 billion across debt and equity investments.

The announcement was made through a press release statement from the Miami Beach, Florida-based company.

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