Arbor Realty Trust Inc. has announced the pricing of a $500 million offering of 7.875% Senior Notes due 2030, through its subsidiary Arbor Realty SR, Inc. This move is part of the company's strategy to refinance, redeem, or repay its remaining outstanding 7.50% Convertible Notes due 2025. The offering, expected to close on July 9, 2025, will see J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC acting as joint book-running managers. The notes will be senior, unsecured obligations of the issuer, fully guaranteed by Arbor. The proceeds will also support general corporate purposes.
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