UNIONDALE, N.Y., March 08, 2018 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE: ABR) today
announced the pricing of $100 million in aggregate principal amount of 5.625% senior unsecured notes due May 1, 2023 at 100% of
par, in a private offering. The offering is expected to close on March 13, 2018, subject to customary closing
conditions.
The Company intends to use the net proceeds from the offering to fund the redemption of its 7.375% Notes due May
15, 2021, to make investments relating to its business and for general corporate purposes.
The notes to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any
state securities laws and, unless so registered, the notes may not be offered or sold in the United States except pursuant to an
exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state
securities laws. The notes will be offered only to persons reasonably believed to be qualified institutional buyers (as defined in
Rule 144A under the Securities Act) or institutional accredited investors (as defined under Regulation D of the Securities
Act).
This press release is being issued pursuant to Rule 135c under the Securities Act, and is neither an offer to sell nor a
solicitation of an offer to buy the notes or any other securities and shall not constitute an offer to sell or a solicitation of an
offer to buy, or a sale of, the notes or any other securities in any jurisdiction in which such offer, solicitation or sale is
unlawful.
About Arbor Realty Trust, Inc.
Arbor Realty Trust, Inc. (NYSE:ABR) is a real estate investment trust and national direct lender specializing in loan
origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Arbor is a
Fannie Mae DUS® Multifamily Lender and a Fannie Mae Small Loan lender, a Freddie Mac Program Plus® Seller/Servicer and a Freddie
Mac Small Balance Loan Lender, a Fannie Mae and Freddie Mac Seniors Housing Lender, an FHA Multifamily Accelerated Processing
(MAP)/LEAN Lender, a HUD-approved LIHTC Lender as well as a CMBS, bridge, mezzanine and preferred equity lender.
Safe Harbor Statement
Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions
of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the proposed
offering and the anticipated use of the net proceeds from the offering. These statements are based on management’s current
expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements. The Company can give no assurance that its expectations will be
attained. Factors that could cause actual results to differ materially from the Company’s expectations include, but are not
limited to, risks and uncertainties related to the completion of the offering on the anticipated terms or at all, market
conditions, the satisfaction of customary closing conditions related to the offering, and other risks detailed in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2017 and its other reports filed with the SEC. Such forward-looking
statements speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s
expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.
