Arbor Realty SR, Inc. Closes Offering of $180 Million of Senior Unsecured Notes due 2028
20 Décembre 2021 - 2:15PM
Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced
today that its subsidiary, Arbor Realty SR, Inc. (“ARSR”), has
closed, on December 17, 2021, the private placement of $180 million
aggregate principal amount of 5.00% senior unsecured notes
due December 30, 2028 (the “Notes”). The Notes will be fully
and unconditionally guaranteed on a senior basis by the Company.
ARSR intends to use the net proceeds from the
offering to make investments relating to its business and for
general corporate purposes.
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 on 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 or any other securities
and shall not constitute an offer to sell or a solicitation of an
offer to buy, or a sale of, the Notes or any other securities in
any jurisdiction in which such offer, solicitation or sale is
unlawful.
About Arbor Realty
Trust, Inc.
Arbor Realty Trust, Inc. (NYSE: ABR) is a
nationwide real estate investment trust and direct lender,
providing loan origination and servicing for multifamily,
single-family rental (SFR) portfolios, and other diverse commercial
real estate assets. Headquartered in New York, Arbor manages a
multibillion-dollar servicing portfolio, specializing in
government-sponsored enterprise products. Arbor is a leading Fannie
Mae DUS® lender, Freddie Mac Optigo® Seller/Servicer, and an
approved FHA Multifamily Accelerated Processing (MAP) lender.
Arbor’s product platform also includes bridge, CMBS, mezzanine, and
preferred equity loans.
Safe Harbor Statement
Certain items in this press release may constitute
forward-looking statements within the meaning of the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are based on management’s current expectations and
beliefs and are subject to a number of trends and uncertainties
that could cause actual results to differ materially from those
described in the forward-looking statements. Arbor can give no
assurance that its expectations will be attained. Factors that
could cause actual results to differ materially from Arbor’s
expectations include, but are not limited to, changes in economic
conditions generally, and the real estate markets specifically, in
particular, due to the uncertainties created by the COVID-19
pandemic, continued ability to source new investments, changes in
interest rates and/or credit spreads, and other risks detailed in
Arbor’s Annual Report on Form 10-K for the year ended December
31, 2020 and its other reports filed with the SEC. Such
forward-looking statements speak only as of the date of this press
release. Arbor expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in Arbor’s
expectations with regard thereto or change in events, conditions,
or circumstances on which any such statement is based.
Contact:
Arbor Realty Trust, Inc. Paul Elenio, Chief Financial Officer
516-506-4422 pelenio@arbor.com |
Arbor Realty (NYSE:ABR)
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