Starwood Property Trust Files 8-K
Ticker: STWD · Form: 8-K · Filed: 2024-03-13T00:00:00.000Z
Sentiment: neutral
Topics: 8-k, filing
TL;DR
SPT filed an 8-K, check for updates.
AI Summary
Starwood Property Trust, Inc. filed an 8-K on March 13, 2024, to report other events and financial statements. The filing does not contain specific details about new transactions or financial results in the provided text, but it serves as a notification of these items.
Why It Matters
This filing indicates that Starwood Property Trust is making a regulatory submission to the SEC, which could contain important updates for investors.
Risk Assessment
Risk Level: low — The filing is a standard procedural document without immediate negative or positive financial implications disclosed in the provided text.
Key Players & Entities
- Starwood Property Trust, Inc. (company) — Registrant
- March 13, 2024 (date) — Date of earliest event reported
- 001-34436 (other) — Commission File Number
- 27-0247747 (other) — IRS Employer Identification No.
- 591 West Putnam Avenue Greenwich, CT 06830 (address) — Principal executive offices
FAQ
What specific events are being reported in this 8-K filing?
The filing indicates 'Other Events' and 'Financial Statements and Exhibits' as items being reported, but the specific details of these events are not provided in the excerpt.
When was the earliest event reported in this filing?
The earliest event reported was on March 13, 2024.
What is the Commission File Number for Starwood Property Trust, Inc.?
The Commission File Number is 001-34436.
Where are Starwood Property Trust, Inc.'s principal executive offices located?
The principal executive offices are located at 591 West Putnam Avenue, Greenwich, CT 06830.
What is the IRS Employer Identification Number for Starwood Property Trust, Inc.?
The IRS Employer Identification Number is 27-0247747.
Filing Stats: 672 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-03-13 08:26:18
Key Financial Figures
- $0.01 — nge on which registered Common stock, $0.01 par value per share STWD New York Sto
- $400 million — it had commenced a private offering of $400 million aggregate principal amount of its unsec
Filing Documents
- tm248544d2_8k.htm (8-K) — 26KB
- tm248544d2_ex99-1.htm (EX-99.1) — 9KB
- tm248544d2_ex99-1img001.jpg (GRAPHIC) — 3KB
- 0001104659-24-033755.txt ( ) — 212KB
- stwd-20240313.xsd (EX-101.SCH) — 3KB
- stwd-20240313_lab.xml (EX-101.LAB) — 33KB
- stwd-20240313_pre.xml (EX-101.PRE) — 22KB
- tm248544d2_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On March 13, 2024, Starwood Property Trust, Inc. ( the "Company") issued a press release announcing that it had commenced a private offering of $400 million aggregate principal amount of its unsecured senior notes due 2029 (the "Notes"). A copy of such press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects. Net proceeds allocated to previously incurred costs associated with eligible green and/or social projects will be available for the repayment of indebtedness previously incurred. Pending full allocation of an amount equal to the net proceeds to eligible green and/or social projects, the Company intends to use the net proceeds for general corporate purposes, including the repayment of outstanding indebtedness under the Company's repurchase facilities. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will not initially be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from the registration requirements of the Securities Act or any state securities laws. The information contained in this Current Report on Form 8-K, including the exhibit hereto, is neither an offer to sell nor a solicitation of an offer to purchase any of the Notes or any other securities.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated March 13, 2024 issued by Starwood Property Trust, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 13, 2024 STARWOOD PROPERTY TRUST, INC. By: /s/ Jeffrey F. DiModica Name: Jeffrey F. DiModica Title: President