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Stock impact report

Arbor Realty Trust, Inc. Closes Offering of $275 Million of Senior Unsecured Notes due 2027

Arbor Realty Trust (ABR) 
Last arbor realty trust earnings: 2/14 08:15 am Check Earnings Report
US:NYSE Investor Relations: ir.arbor.com/investor-relations
Company Research Source: GlobeNewswire
UNIONDALE, N.Y., March 04, 2020 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that it has closed the private placement of $275 million aggregate principal amount of 4.50% senior unsecured notes due March 15, 2027 (the “Notes”). The Company intends to use the net proceeds from the offering to repay secured indebtedness. Piper Sandler & Co. acted as placement agent for this offering. The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), and are being offered and sold in reliance of an exemption from registration provided by Section 4(a)(2) of the Securities Act. The Notes may not be offered or sold in the United States 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. This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes o Show less Read more
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