Arbor Realty Trust prices upsized USD 325 million convertible senior notes offering due 2029
Arbor Realty Trust Inc
Arbor Realty Trust Inc ABR | 0.00 |
- Arbor Realty Trust priced an upsized private offering of USD 325 million 6.25% Convertible Senior Notes due 2029.
- Deal increased from the previously announced USD 300 million; initial purchasers hold a 13-day option for up to an additional USD 50 million.
- Gross proceeds earmarked for share repurchases, including about USD 11.6 million bought back at pricing, and to redeem USD 270 million 4.50% Senior Notes due 2026.
- Settlement expected around July 6, 2026, subject to customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arbor Realty Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606302118PRIMZONEFULLFEED9755346) on July 01, 2026, and is solely responsible for the information contained therein.
