Financing Facilities
$ millions


<figure type="DIAGRAM">

<description>The figure consists of three horizontally aligned, identical dark blue rectangular boxes with rounded corners, each containing white text. From left to right, the boxes display the following metrics: 1. '$30.4B Max Facility Size', 2. '$11.4B Available Capacity', and 3. '20 Counterparties'.</description><table><tr><td>$30.4B</td><td>$11.4B</td><td>20</td></tr><tr><td>Max Facility Size</td><td>Available Capacity</td><td>Counterparties</td></tr></table></figure>

<table>
<tr><td></td><td></td><td colspan="2">Debt Obligations</td></tr>
<tr><td>Type</td><td>Maximum Facility Size&lt;sup&gt;(12)&lt;/sup&gt;</td><td>Drawn&lt;sup&gt;(12)&lt;/sup&gt;</td><td>Available Capacity</td></tr>
<tr><td>Asset Specific Financing:</td><td></td><td></td><td></td></tr>
<tr><td>Large Loans, Commercial</td><td>$ 14,666</td><td>$ 7,360</td><td>$ 7,306</td></tr>
<tr><td>Infrastructure Lending Segment</td><td>1,836</td><td>723</td><td>1,113</td></tr>
<tr><td>Property Segment</td><td>2,058</td><td>742</td><td>1,316</td></tr>
<tr><td>Residential Loans</td><td>2,950</td><td>2,050</td><td>900</td></tr>
<tr><td>Conduit Loans, Commercial</td><td>375</td><td>16</td><td>359</td></tr>
<tr><td>CMBS and RMBS</td><td>847</td><td>651</td><td>196</td></tr>
<tr><td>REO Portfolio</td><td>20</td><td>18</td><td>2</td></tr>
<tr><td>Subtotal - Asset Specific Financing</td><td>$ 22,752</td><td>$ 11,560</td><td>$ 11,192</td></tr>
<tr><td></td><td></td><td></td><td></td></tr>
<tr><td>Corporate Debt:</td><td></td><td></td><td></td></tr>
<tr><td>Convertible Senior Notes</td><td>381</td><td>381</td><td>—</td></tr>
<tr><td>Senior Unsecured Notes</td><td>4,550</td><td>4,550</td><td>—</td></tr>
<tr><td>Term Loans</td><td>2,533</td><td>2,533</td><td>—</td></tr>
<tr><td>Revolving Secured Financing</td><td>200</td><td>—</td><td>200</td></tr>
<tr><td>Subtotal - Corporate Debt</td><td>$ 7,664</td><td>$ 7,464</td><td>$ 200</td></tr>
<tr><td></td><td></td><td></td><td></td></tr>
<tr><td>TOTAL DEBT</td><td>$ 30,416</td><td>$ 19,024</td><td>$ 11,392</td></tr>
</table>

STARWOOD PROPERTY TRUST


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