trending Market Intelligence /marketintelligence/en/news-insights/trending/IRqYyEubmLz9_REGT-ywjA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Arbor Realty Trust selling additional convertible senior notes

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


Arbor Realty Trust selling additional convertible senior notes

Arbor Realty Trust Inc. will issue approximately $13.8 million aggregate principal amount of its 6.50% convertible senior notes due 2019.

According to an SEC filing, the notes will be issued under an underwriting agreement entered into by Arbor Realty Trust, Delaware limited partnership Arbor Realty Ltd. and sole underwriter JMP Securities LLC.

The notes are being sold in addition to the approximately $86.3 million principal amount of 6.50% convertible senior notes due 2019 that Arbor Realty issued in October 2016. After the offering, the aggregate outstanding principal amount of the notes will be $100 million.