Jun. 30 at 8:22 PM
$ABR Arbor Realty Trust (NYSE: ABR) plans a private offering of
$300 million Convertible Senior Notes due 2029, with an option for an additional
$45 million.
According to Arbor, proceeds are earmarked for up to ~
$130 million in share repurchases, redemption of
$270 million 4.50% notes due 2026, and general corporate purposes.