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Starwood Property ( (STWD) ) has issued an announcement.
Starwood Property Trust announced a private offering of $400 million in unsecured senior notes due in 2030, aimed at financing or refinancing green and social projects. The proceeds will initially be used to repay existing debt due in 2024, with the offering restricted to qualified institutional buyers and non-U.S. persons under specific regulations.
More about Starwood Property
Starwood Property Trust, Inc., a subsidiary of the global private investment firm Starwood Capital Group, is a leading finance company with a primary focus on real estate and infrastructure sectors. The company aims to generate attractive and stable returns for its shareholders primarily through dividends and manages a portfolio of $26 billion in debt and equity investments.
YTD Price Performance: 3.25%
Average Trading Volume: 2,095,229
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.8B
For an in-depth examination of STWD stock, go to TipRanks’ Stock Analysis page.
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