Starwood Property Trust Announces Public Offering of Common Stock

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Go back to Starwood Property Trust Announces Public Offering of Common Stock

Moody's Upgrades Starwood Property Trust (STWD) to 'Ba2'; Outlook Stable

December 6, 2016 6:49 AM EST

Moody's Investors Services upgraded the corporate family rating of Starwood Property Trust (NYSE: STWD) to Ba2 from Ba3, upgraded its secured term loan rating to Ba1 from Ba2, and assigned a Ba3 rating to the firm's private issuance of senior unsecured notes. The outlook for the ratings is stable.

Issuer: Starwood Property Trust, Inc.

..The following ratings have been upgraded:

.... Corporate Family Rating, to Ba2 from Ba3

.... Senior Secured Bank Credit Facility, to Ba1 from Ba2

....The following rating has been assigned:

....Long-term local currency debt rating, at Ba3

..Outlook... More