Starwood Property Trust Files 8-K

TL;DR

SPRT filed an 8-K on Dec 17th, mostly procedural stuff.

AI Summary

On December 17, 2024, Starwood Property Trust, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," with no specific material event detailed in the provided text. The report was filed as of December 18, 2024, and pertains to events on December 17, 2024.

Why It Matters

This 8-K filing indicates that Starwood Property Trust, Inc. is providing updates or submitting required financial documentation to the SEC.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report and does not disclose any new material risks or adverse events.

Key Players & Entities

• Starwood Property Trust, Inc. (company) — Registrant
• December 17, 2024 (date) — Date of earliest event reported
• December 18, 2024 (date) — Filed as of date
• 001-34436 (company) — SEC File Number
• 27-0247747 (company) — IRS Employer Identification No.
• 591 West Putnam Avenue Greenwich, CT 06830 (address) — Principal executive offices
• (203) 422-7700 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — ge on which registered Common stock, $0.01 par value per share STWD New York Sto
• $500 million — ts private offering (the "Offering") of $500 million aggregate principal amount of its 6.500
• $400 million — s upsized from the previously announced $400 million aggregate principal amount. The Notes p

Filing Documents

• tm2431357d1_8k.htm (8-K) — 25KB
• tm2431357d1_ex99-1.htm (EX-99.1) — 9KB
• tm2431357d1_ex99-1img001.jpg (GRAPHIC) — 4KB
• 0001104659-24-129487.txt ( ) — 212KB
• stwd-20241217.xsd (EX-101.SCH) — 3KB
• stwd-20241217_lab.xml (EX-101.LAB) — 33KB
• stwd-20241217_pre.xml (EX-101.PRE) — 22KB
• tm2431357d1_8k_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On December 17, 2024, Starwood Property Trust, Inc. (the "Company") issued a press release announcing that it priced its private offering (the "Offering") of $500 million aggregate principal amount of its 6.500% unsecured senior notes due 2030 (the "Notes"), which was upsized from the previously announced $400 million aggregate principal amount. The Notes priced at 100.0% of the principal amount and the settlement of the Offering is expected to occur on December 27, 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 to repay the Company's $400 million outstanding aggregate principal amount of 3.750% Senior Notes due 2024 and for general corporate purposes, including the repayment of outstanding indebtedness under the Company's secured financing agreements. 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

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated December 17, 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: December 17, 2024 STARWOOD PROPERTY TRUST, INC. By: /s/ Jeffrey F. DiModica Name: Jeffrey F. DiModica Title: President