By Devika Patel
Knoxville, Tenn., Oct. 10 – Arbor Realty Trust Inc. launched a $100 million private placement of 4.75% senior unsecured notes due 2024, according to a press release.
Proceeds will be used to make investments in the business and for general corporate purposes.
Arbor Realty Trust is a Uniondale, N.Y.-based real estate investment trust and national direct lender.
Issuer: | Arbor Realty Trust Inc.
|
Issue: | Senior unsecured notes
|
Amount: | $100 million
|
Maturity: | 2024
|
Coupon: | 4.75%
|
Pricing date: | Oct. 10
|
Settlement date: | Oct. 15
|
Distribution: | Private placement
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.