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Subsequent Events
12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Our significant events subsequent to December 31, 2021 were as follows:
Unsecured Senior Notes
In January 2022, we issued $500.0 million of 4.375% Senior Notes due 2027 which mature on January 15, 2027. At closing, we swapped the notes to a floating rate of SOFR + 2.95%.

Collateralized Loan Obligations
In January 2022, we refinanced a pool of our infrastructure loans held-for-investment through a $500.0 million CLO, STWD 2021-SIF2, with $410.0 million of third party financing at a weighted average coupon of SOFR + 1.89%. The CLO contains a reinvestment feature that, subject to certain eligibility criteria, allows us to contribute new loans or participation interests in loans to the CLO for a period of three years.

In February 2022, we refinanced a pool of our commercial loans held-for-investment through a $1.0 billion CLO, STWD 2022-FL3, with $842.5 million of third party financing at a weighted average coupon of SOFR + 1.64%. The CLO contains a reinvestment feature that, subject to certain eligibility criteria, allows us to contribute new loans or participation interests in loans to the CLO for a period of two years.