Arbor Realty Trust (ABR) Announces Proposed 8M Share Common Offering

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Go back to Arbor Realty Trust (ABR) Announces Proposed 8M Share Common Offering

Arbor Realty Trust (ABR) Prices 8M Share Common Offer for Total Expected Gross Proceeds of Approx. $102.2M

May 16, 2019 5:48 AM EDT

Arbor Realty Trust, Inc. (NYSE: ABR) announced today that it priced its public offering of 8,000,000 shares of common stock for total expected gross proceeds of approximately $102.2 million before underwriting discounts and commissions and expenses.

The Company has also granted the underwriters a 30-day... More