Starwood Property Trust to offer $300 million of three-year bonds

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Starwood Property Trust Inc. said Monday it is offering $300 million in unsecured senior notes that mature in 2023 in private offering. Proceeds will be used to finance or refinance recently completed of future eligible green and/or social projects. The company is also planning to use proceeds to redeem the remaining $250 million outstanding principal amount of its 3.625% bonds due 2021.
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