Arbor Realty Trust (ABR) Announces Aggregate $75M Conv. Senior Notes Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Arbor Realty Trust, Inc. Announces Proposed Public Offering of Convertible Senior Notes due 2019
September 29, 2016 4:01 PM EDTUNIONDALE, N.Y., Sept. 29, 2016 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the Company) (NYSE: ABR) today announced that it intends to offer, subject to market and other conditions, $75 million aggregate principal amount of Convertible Senior Notes due 2019 (the Notes) in an underwritten public offering registered under the Securities Act of 1933, as amended. The Company intends to grant the underwriters a 30-day option to purchase up to $11.25 million aggregate principal amount of additional Notes to cover over-allotments, if any.Â
The Notes will pay interest semiannually and are expected to mature on October 1, 2019,... More
