Chicago, May 4 – Arbor Realty Trust Inc. sold a $175 million offering of 5% senior notes due 2026, according to an 8-K filing with the Securities and Exchange Commission.
Proceeds from the Rule 144A and Rule 501 offering will be used to make investments relating to the company’s business and for general corporate purposes.
The notes are redeemable with a make-whole premium before Jan. 30, 2026 and then can be called at par after that date.
The company entered into a registration rights agreement with several purchasers of the notes.
Piper Sandler & Co. was the placement agent.
Arbor Realty Trust is a Uniondale, N.Y.-based real estate investment trust and national direct lender.
| Issuer: | Arbor Realty Trust Inc.
|
| Issue: | Senior notes
|
| Amount: | $175 million
|
| Maturity: | April 30, 2026
|
| Placement agent: | Piper Sandler & Co.
|
| Coupon: | 5%
|
| Call features: | Make-whole call before Jan. 30, 2026; par call thereafter
|
| Change of control: | At 101
|
| Settlement date: | April 30
|
| Distribution: | Rule 144A and Rule 501
|
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