Starwood Property Trust Prices $500 Million Sustainability Bond Offering

The company intends to earmark the proceeds for eligible sustainable development initiatives, including the refinancing of previously incurred costs. Until those funds are fully allocated to green or social projects, Starwood plans to utilize the capital alongside existing cash reserves to redeem its outstanding 4.375% senior notes due 2027 or pay down existing repurchase facilities.

This debt issuance is restricted to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S. As an affiliate of Starwood Capital Group, the firm continues to manage a portfolio exceeding $31 billion in debt and equity investments, maintaining a focus on real estate and infrastructure sectors since its inception.