debt
confidence high
sentiment neutral
materiality 0.65
Arbor Realty subsidiary prices $500M of 7.875% Senior Notes due 2030
ARBOR REALTY TRUST INC
- $500M aggregate principal, 7.875% interest, due 2030, priced in private offering.
- Notes are senior unsecured obligations of Arbor Realty SR, Inc., fully guaranteed by Arbor Realty Trust.
- Proceeds used to refinance/repay Arbor's 7.50% Convertible Notes due 2025 and for general corporate purposes.
- Closing expected July 9, 2025; J.P. Morgan, Goldman Sachs, Morgan Stanley acting as joint book-runners.