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Arbor Realty Trust Closes $100 Million Private Placement of Senior Notes
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Arbor Realty Trust Closes $100 Million Private Placement of Senior Notes
Oct 10, 2024 11:42 PM

05:08 PM EDT, 10/10/2024 (MT Newswires) -- Arbor Realty Trust ( ABR ) said Thursday that its Arbor Realty SR unit has closed a $100 million private placement of 9% senior notes due Oct. 15, 2027.

Arbor said the net proceeds will be used for debt repayment and general corporate purposes.

Price: 15.14, Change: -0.21, Percent Change: -1.37

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