Starwood Property Trust, Inc. (STWD), Tuesday announced a public offering of 17.5 million shares.
The company plans to use the proceeds to originate and purchase additional commercial mortgage loans, and other target assets and investments.
Also, Starwood Property has offered a 30-day option to underwriters to purchase an additional 2.625 million shares.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.