The deal priced below last closing price of $20.85. BofA and Wells Fargo are acting as joint book running managers for the offering.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STWD:
- Closing Bell Movers: Archer Daniels slips 6% on Trump’s Coke comment
- Starwood Property Announces Major Acquisition Agreement
- Starwood Property announces 25.5M share common stock offering
- Starwood Property to acquire Fundamental Income Properties for $2.2B
- Starwood Property price target raised to $20 from $19.50 at UBS