Starwood Property Trust Announces Pricing of Common Stock Offering
STWDStarwood Property Trust(STWD) Prnewswire·2024-09-04 10:05

GREENWICH, Conn., Sept. 3, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced the pricing of an underwritten public offering of 17,500,000 shares of its common stock for total estimated gross proceeds of approximately 345.1million(orapproximately345.1 million (or approximately 396.9 million if the option to purchase additional shares is exercised in full). The underwriters have a 30-day option to purchase up to an additional 2,625,000 shares from the Company. Settlement of the offering is ...