Starwood Property Trust (STWD) -3.8% AH after announcing a 20M shares stock offering, good for...

|About: Starwood Property Trust, Inc. (STWD)|By:, SA News Editor

Starwood Property Trust (STWD) -3.8% AH after announcing a 20M shares stock offering, good for proceeds of $419M based on today's close. Starwood intends to use the proceeds to originate and purchase corporate loans, along with other assets. (PR)