Starwood Property Trust closes $500 million 5.875% senior notes due 2029
Starwood Property Trust closed a private offering of $500 million in 5.875% unsecured senior notes due August 15, 2029, under an indenture with The Bank of New York Mellon as trustee. The company intends to use net proceeds, with cash on hand, to redeem its $500 million of 4.375% Senior Notes due 2027 or for general corporate purposes, including repaying repurchase facility debt.
Key points
- Notes: $500 million principal, 5.875% annual interest, maturing August 15, 2029, with semi-annual interest payments starting February 15, 2027
- Proceeds may be used to redeem up to all of the $500 million of 4.375% Senior Notes due 2027, or for general corporate purposes, or to finance eligible green and/or social projects
- Notes are unsecured, rank equally with existing senior unsecured debt, and are not guaranteed by subsidiaries at issuance
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.