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Corporate Capital Markets Execution

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Executed $2.1B of corporate debt transactions in the quarter

<::Stacked bar chart representing $2.1B of corporate debt transactions.
Y-axis ranges from $0.2B to $2.2B.

The bar is segmented as follows:
- Top segment: $1.1B (dark blue)
  Unsecured note issuances:
  (i) $600M at swapped rate of S+2.22% due 2031
  (ii) $500M at 5.875% due 2029, which closed after quarter end
- Middle segment: $697M (light blue/teal)
  Term loan repricing: $697M due 2032 pricing reduced 25 bps to S+2.00%
- Bottom segment: $275M (green)
  Term loan upsize: $275M at S+2.00% due 2032
: chart::>

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- Reduced the weighted average spread on term loan facilities from S+2.00% to S+1.93%
- Subsequent to quarter end:
  - Repaid $900M of unsecured notes due July 2026 and January 2027

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STARWOOD PROPERTY TRUST

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