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Reported Earlier, Starwood Property Trust Prices $345.1M Public Offering Of 17.5M Common Shares

Author: Benzinga Newsdesk | September 04, 2024 02:39am

The Company intends to use the net proceeds received from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments. The Company may also use a portion of the net proceeds for other general corporate purposes, including, but not limited to, the repayment of outstanding indebtedness under the Company's repurchase facilities.

Posted In: STWD


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