Research Update: Starwood Property Trust Inc. Rating Raised To 'BB' On Continued Good Performance; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Starwood Property Trust Inc. Rating Raised To 'BB' On Continued Good Performance; Outlook Stable

Research Update: Starwood Property Trust Inc. Rating Raised To 'BB' On Continued Good Performance; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Starwood Property Trust Inc. Rating Raised To 'BB' On Continued Good Performance; Outlook Stable
Published Apr 27, 2022
5 pages (2054 words) — Published Apr 27, 2022
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Since March 2020 (when we lowered the ratings on elevated pandemic-related risks in commercial real estate), Starwood Property Trust Inc. has performed well, further diversified and grown, and maintained a healthy balance sheet supported by debt and equity raises. We raised our long-term issuer credit rating on Starwood to 'BB' from 'BB-' and our ratings on its senior secured and unsecured debt each by a notch to 'BB' and 'BB-', respectively. The stable outlook reflects our expectation for the company to continue growing across its business lines while maintaining profitability, good asset quality, and leverage and liquidity near current levels. On April 27, 2022, S&P Global Ratings raised its issuer credit ratings on Starwood Property Trust Inc. and subsidiary Starwood

  
Brief Excerpt:

...- Since March 2020 (when we lowered the ratings on elevated pandemic-related risks in commercial real estate), Starwood Property Trust Inc. has performed well, further diversified and grown, and maintained a healthy balance sheet supported by debt and equity raises. - We raised our long-term issuer credit rating on Starwood to '##' from '##-' and our ratings on its senior secured and unsecured debt each by a notch to '##' and '##-', respectively. - The stable outlook reflects our expectation for the company to continue growing across its business lines while maintaining profitability, good asset quality, and leverage and liquidity near current levels....

  
Report Type:

Research Update

Issuer
Starwood Property Trust Inc.
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Starwood Property Trust Inc. Rating Raised To 'BB' On Continued Good Performance; Outlook Stable" Apr 27, 2022. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Starwood-Property-Trust-Inc-Rating-Raised-To-BB-On-Continued-Good-Performance-Outlook-Stable-2830924>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Starwood Property Trust Inc. Rating Raised To 'BB' On Continued Good Performance; Outlook Stable Apr 27, 2022. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Starwood-Property-Trust-Inc-Rating-Raised-To-BB-On-Continued-Good-Performance-Outlook-Stable-2830924>
  
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