Starwood Property Trust Announces Adjustment of Conversion Rates

December 29, 2015— Starwood Property Trust, Inc. (NYSE: STWD) today announced that the conversion rate applicable to its outstanding 4.55% Convertible Senior Notes due 2018 has been adjusted to 46.1565...

December 29, 2015— Starwood Property Trust, Inc. (NYSE: STWD) today announced that the conversion rate applicable to its outstanding 4.55% Convertible Senior Notes due 2018 has been adjusted to 46.1565 from 45.6167 and the conversion rate applicable to its outstanding 4.00% Convertible Senior Notes due 2019 has been adjusted to 48.9439 from 48.4451, in each case effective December 29, 2015 and subject to further adjustment as provided in the applicable governing indenture. The adjustments have been made pursuant to the terms of the notes as a result of the cash dividend paid on October 15, 2015, which adjustment was deferred and carried forward as permitted under the applicable indenture, and the cash dividend with an ex-dividend date of December 29, 2015 to be paid on January 15, 2016.

[button href=”http://www.prnewswire.com/news-releases/starwood-property-trust-announces-adjustment-of-conversion-rates-for-455-convertible-senior-notes-due-2018-and-400-convertible-senior-notes-due-2019-300197651.html” style=”emboss” size=”medium” color=”#81d742″ hovercolor=”#1e73be” target=”_blank” icon=”external-link”]Source: Starwood Property Trust[/button]

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