Starwood Property Trust Plans Private Offering of Sustainability Bonds

BY MT Newswires | CORPORATE | 09:24 AM EDT

09:24 AM EDT, 06/25/2026 (MT Newswires) -- Starwood Property Trust (STWD) said Thursday that it is offering $500 million of unsecured senior notes due 2029 in a private offering.

The company said it will allocate an amount equal to the net proceeds from the offering to finance or refinance green and/or social projects.

Net proceeds allocated to previous costs linked to green and/or social projects will be available to repay debt, the company said.

Meanwhile, net proceeds, plus cash on hand, will be used to fund the company's redemption of up to all of its $500 million of 4.375% senior notes due 2027 or for general corporate purposes, including debt repayment.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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