Starwood Property Trust Inc. has announced its intention to offer 25,500,000 shares of common stock in an underwritten public offering, with the potential for underwriters to purchase an additional 3,825,000 shares within 30 days. The proceeds from the offering are earmarked to finance the acquisition of Fundamental Income Properties, LLC. Should the acquisition not proceed, the funds may be used for originating and purchasing commercial mortgage loans, other target assets, or general corporate purposes, such as debt repayment. BofA Securities and Wells Fargo Securities are acting as joint book-running managers. The securities offering will be conducted through a prospectus and a related prospectus supplement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Starwood Property Trust Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE32034) on July 16, 2025, and is solely responsible for the information contained therein.