debt
confidence high
sentiment neutral
materiality 0.55
Arbor Realty Trust subsidiary issues $100M of 9.00% senior notes due 2027
ARBOR REALTY TRUST INC
- Arbor Realty SR, Inc., a subsidiary, issued $100M aggregate principal of 9.00% senior notes due 2027.
- Net proceeds will be used to pay down debt and for general corporate purposes.
- Offered privately to qualified institutional buyers and institutional accredited investors under Rule 144A.
- Notes are guaranteed by parent Arbor Realty Trust, Inc.