Arbor Realty Trust, Inc. Announces Pricing of Public Offering of Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

[ASFN Admin]

UNIONDALE, N.Y., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that it has priced the public offering of 7,000,000 shares of its 6.25% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series F Preferred Stock”), liquidation preference $25.00 per share, for gross proceeds of $175 million, before deducting underwriting discounts and estimated offering expenses. The Company has granted the underwriters a 30-day optio

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