trending Market Intelligence /marketintelligence/en/news-insights/trending/lyuwn0lmzu3iobthiseysa2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Arbor Realty Trust to offer convertible senior notes

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Corporate Renewables Market Looks To Continue Growth After Record 2018

Reframing The Conversation Around Cyber Risk


Arbor Realty Trust to offer convertible senior notes

Arbor RealtyTrust Inc. intends to offer $75 million of its convertible seniornotes due 2019 in an underwritten public offering.

The company plans to grant the underwriters a 30-day option topurchase up to about $11.3 million of additional notes to cover anyoverallotments. The notes will pay interest semiannually and are expected tomature Oct. 1, 2019, unless earlier converted or repurchased. The company willnot have the right to redeem the notes prior to maturity. The notes will beconvertible into cash, company common shares or a combination thereof, at thecompany's sole election.

Arbor Realty intends to use the net proceeds from theoffering to make investments relating to its business and for general corporatepurposes.

J.P. Morgan Securities LLC, JMP Securities LLC and Bank ofAmerica Merrill Lynch are joint book-running managers for the offering.