Starwood Property Trust Files 8-K

TL;DR

SPRT filed an 8-K on 9/26, check it for updates.

AI Summary

On September 26, 2024, Starwood Property Trust, Inc. filed an 8-K report detailing other events and financial statements. The filing was made public on September 27, 2024, and pertains to the company's operations as a Real Estate Investment Trust.

Why It Matters

This filing provides an update on Starwood Property Trust's corporate activities and financial reporting, which is important for investors to monitor the company's status.

Risk Assessment

Risk Level: low — This is a routine filing of an 8-K report, which typically contains updates on corporate events and financial statements without immediate, significant market-moving news.

Key Players & Entities

• Starwood Property Trust, Inc. (company) — Registrant
• September 26, 2024 (date) — Date of earliest event reported
• September 27, 2024 (date) — Filing date
• 001-34436 (other) — Commission File Number
• 27-0247747 (other) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common stock, $0.01 par value per share STWD New York Sto
• $400 million — ts private offering (the "Offering") of $400 million aggregate principal amount of its 6.000

Filing Documents

• tm2423189d4_8k.htm (8-K) — 26KB
• tm2423189d4_ex99-1.htm (EX-99.1) — 9KB
• tm2423189d4_ex99-1img001.jpg (GRAPHIC) — 10KB
• 0001104659-24-103228.txt ( ) — 221KB
• stwd-20240926.xsd (EX-101.SCH) — 3KB
• stwd-20240926_lab.xml (EX-101.LAB) — 33KB
• stwd-20240926_pre.xml (EX-101.PRE) — 22KB
• tm2423189d4_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 priced its private offering (the "Offering") of $400 million aggregate principal amount of its 6.000% unsecured senior notes due 2030 (the "Notes"). The Notes priced at 100.0% of the principal amount and the settlement of the Offering is expected to occur on October 10, 2024, subject to customary closing conditions. 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 were 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 o

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