Street Calls of the Week
MIAMI BEACH - Starwood Property Trust, Inc. (NYSE:STWD), a real estate finance company with a market capitalization of $7.36 billion and an impressive current ratio of 13.57, announced Monday it is offering $500 million in unsecured senior notes due 2031, subject to market and other conditions.
The real estate finance company plans to allocate the net proceeds to finance or refinance eligible green and social projects. Pending full allocation to these initiatives, funds may be used for general corporate purposes, including repayment of outstanding indebtedness under the company’s repurchase facilities. According to InvestingPro data, the company maintains strong liquidity with liquid assets exceeding short-term obligations.
The notes will be offered only to qualified institutional buyers under Rule 144A of the Securities Act and to non-U.S. persons outside the United States under Regulation S. The securities will not be registered under the Securities Act and cannot be sold in the United States without registration or an applicable exemption.
Starwood Property Trust, an affiliate of global private investment firm Starwood Capital Group, focuses primarily on real estate and infrastructure sectors. As of June 30, the company has deployed $108 billion of capital since inception and manages a portfolio exceeding $27 billion across debt and equity investments.
The offering announcement comes as the company continues to diversify its funding sources. The information is based on a company press release statement issued Monday.
In other recent news, Starwood Property Trust reported its earnings for the second quarter of 2025, surpassing expectations. The company announced earnings per share of $0.43, which exceeded the forecasted $0.40, representing a 7.5% surprise. Revenue was particularly strong, reaching $444.28 million, significantly above the anticipated $198.73 million, marking a 123.56% surprise. Additionally, Starwood Property Trust announced a $500 million senior notes offering, due in 2028, as part of a private placement. The proceeds from this offering are intended to finance or refinance eligible green and social projects, with any remaining funds potentially used for general corporate purposes, including debt repayment. These developments reflect the company’s active financial and strategic maneuvers.
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