E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/22/2023 in the Prospect News Convertibles Daily.

Convertibles Calendar: Starwood on tap

June 22

STARWOOD PROPERTY TRUST INC.:

• $350 million four-year convertible notes

• Greenshoe of $52.5 million

• Coupon of 6.25% to 6.75% and initial conversion premium of 12.5% to 17.5%

• SEC registered

• Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Wells Fargo Securities LLC, BofA Securities Inc., Barclays and Citigroup Global Markets Inc.

• Non-callable until April 15, 2027 and then freely callable

• Greenwich, Conn.-based diversified finance company focused on real estate and infrastructure


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.