Arbor Realty Trust Announces $500 Million Senior Notes Offering
Arbor Realty Trust, Inc., a nationwide real estate investment trust and direct lender, has announced the pricing of a $500 million offering of 7.875% Senior Notes due 2030. The offering is part of a private placement to qualified institutional buyers, with the notes being fully and unconditionally guaranteed by Arbor. The proceeds from the offering will be used to refinance, redeem, or repay Arbor's remaining outstanding 7.50% Convertible Notes due 2025, with any remaining proceeds used for general corporate purposes.
Key Takeaways:
- Arbor Realty Trust, Inc. has priced a $500 million offering of 7.875% Senior Notes due 2030.
- The notes are part of a private placement to qualified institutional buyers and are fully and unconditionally guaranteed by Arbor.
- The offering is expected to close on July 9, 2025, subject to satisfaction of customary closing conditions.
- The proceeds will be used to refinance, redeem, or repay Arbor's remaining outstanding 7.50% Convertible Notes due 2025, with any remaining proceeds used for general corporate purposes.
- The issuer, Arbor Realty SR, Inc., is a subsidiary of Arbor Realty Trust, Inc.
- The joint book-running managers for the offering are J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC.
- The offer and sale of the notes and related guarantee have not been registered under the Securities Act or any state securities laws, and may only be offered or sold in the United States or to U.S. persons except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act and applicable state securities laws.
Statistics:
- $500 million: The aggregate principal amount of the Senior Notes due 2030 offered.
- 7.875%: The interest rate on the Senior Notes due 2030.
- 2030: The maturity date of the Senior Notes due 2030.
- $9,855,000: The approximate amount the Issuer will receive from the sale of $500 million aggregate principal amount of 7.875% Senior Notes due 2030, assuming a face value of $100 per note and an interest rate of 7.875%.
Sources:
- "(EDGAR Online via COMTEX) -- 0001253986false00012539862025-07-022025-07-020001253986us-gaap:CommonStockMember2025-07-022025-07-020001253986us-gaap:SeriesDPreferredStockMember2025-07-022025-07-020001253986us-gaap:SeriesEPreferredStockMember2025-07-022025-07-020001253986us-gaap:SeriesFPreferredStockMember2025-07-022025-07-02"
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