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.