Starwood Property Trust Announces Pricing of Common Stock Offering
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Moody's Upgrades Starwood Property Trust (STWD) to 'Ba2'; Outlook Stable
December 6, 2016 6:49 AM ESTMoody'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
