Arbor Realty Trust redeems $787 million legacy CLO notes
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Arbor Realty Trust Successfully Redeems a Legacy CLO
May 18, 2026 8:30 AM EDTUNIONDALE, N.Y., May 18, 2026 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that the Company has redeemed, in full and at par on May 15, 2026, $787.0 million of outstanding notes of the Companys legacy CLO 17. In connection with this transaction, the Company transferred approximately $1.21 billion of assets into two existing repurchase facilities with JPMorgan Chase Bank, N.A. (the Repurchase Facilities), with significantly improved terms.
The Repurchase Facilities provide for pricing that is well below CLO 17 and significantly improved leverage of approximately 76%, compared to approximately 68% in... More
