Brief: Starwood European Real Estate Finance Says Investment In C.6 Year Floating Rate Loan

Starwood European Real Estate Finance

07/01/2020 07:42

Jan 7 (Reuters) - Starwood European Real Estate Finance Ltd
 SWEF.L :
    * STARWOOD EUROPEAN REAL ESTATE FINANCE -INVESTMENT IN C.6
YEAR
FLOATING RATE LOAN SECURED BY PORTFOLIO OF ASSETS IN IRELAND
WITH STARWOOD PROPERTY TRUST
    * STARWOOD EUROPEAN REAL ESTATE FINANCE - PARTICIPATING IN
50% OF
MEZZANINE LOAN AMOUNT, PROVIDING GROUP WITH A NET COMMITMENT OF
EUR 35.15 MILLION
    * STARWOOD EUROPEAN REAL ESTATE FINANCE LTD - GROUP EXPECTS
TO
EARN AN ATTRACTIVE RISK-ADJUSTED RETURN IN LINE WITH ITS STATED
INVESTMENT STRATEGY
    * STARWOOD EUROPEAN REAL ESTATE FINANCE LTD - REMAINS FULLY
INVESTED WITH APPROXIMATELY £27 MILLION OF NET DEBT AND
COMMITMENTS OF APPROXIMATELY £75 MILLION
    * STARWOOD EUROPEAN REAL ESTATE FINANCE LTD - PIPELINE
REMAINS
STRONG AND WELL DIVERSIFIED BY SECTOR, GEOGRAPHY AND INVESTMENT
TYPE

Source text for Eikon:  ID:nEQ1t0wFwa 
Further company coverage:  SWEF.L 

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