Starwood Property Trust Files 8-K
Ticker: STWD · Form: 8-K · Filed: 2024-09-26T00:00:00.000Z
Sentiment: neutral
Topics: 8-K, financial-update, sec-filing
TL;DR
SPRT filed an 8-K on 9/26, likely financial updates.
AI Summary
On September 26, 2024, Starwood Property Trust, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial status and operations. Specific details regarding transactions or financial figures are not immediately apparent from the provided header information.
Why It Matters
This filing signals an update from Starwood Property Trust to the SEC, which could contain important information for investors regarding the company's financial health or operational changes.
Risk Assessment
Risk Level: low — The filing is a standard 8-K, typically used for reporting material events, and the provided header does not suggest immediate high-risk information.
Key Players & Entities
- Starwood Property Trust, Inc. (company) — Registrant
- September 26, 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 "Other Events" are being reported by Starwood Property Trust, Inc. in this 8-K filing?
The provided header information for the 8-K filing indicates 'Other Events' as an item, but does not specify the nature of these events.
What is the significance of the 'Financial Statements and Exhibits' being listed in this report?
The inclusion of 'Financial Statements and Exhibits' suggests that the filing may contain updated financial information or supporting documents relevant to the company's operations or recent events.
When was the earliest event reported in this Form 8-K?
The earliest event reported in this Form 8-K was on September 26, 2024.
What is Starwood Property Trust, Inc.'s Commission File Number?
Starwood Property Trust, Inc.'s Commission File Number is 001-34436.
Where are Starwood Property Trust, Inc.'s principal executive offices located?
Starwood Property Trust, Inc.'s principal executive offices are located at 591 West Putnam Avenue, Greenwich, CT 06830.
Filing Stats: 671 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2024-09-26 09:24:52
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
- tm2423250d1_8k.htm (8-K) — 26KB
- tm2423250d1_ex99-1.htm (EX-99.1) — 9KB
- tm2423250d1_ex99-1img001.jpg (GRAPHIC) — 3KB
- 0001104659-24-103031.txt ( ) — 212KB
- stwd-20240926.xsd (EX-101.SCH) — 3KB
- stwd-20240926_lab.xml (EX-101.LAB) — 33KB
- stwd-20240926_pre.xml (EX-101.PRE) — 22KB
- tm2423250d1_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On September 26, 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 2030 (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 September 26, 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:September 26, 2024 STARWOOD PROPERTY TRUST, INC. By: /s/ Jeffrey F. DiModica Name: Jeffrey F. DiModica Title: President