Arbor Realty Trust Files 8-K on New Financial Obligation

TL;DR

Arbor Realty Trust just took on a new debt. Details to follow.

AI Summary

On October 10, 2024, Arbor Realty Trust, Inc. filed an 8-K report detailing the creation of a direct financial obligation. The filing indicates the company entered into a new credit agreement, though specific dollar amounts and terms were not immediately detailed in this initial report.

Why It Matters

This filing signals a new debt arrangement for Arbor Realty Trust, which could impact its financial leverage and future borrowing capacity.

Risk Assessment

Risk Level: medium — New financial obligations can introduce leverage and interest rate risks, but the specific terms will determine the overall impact.

Key Players & Entities

• Arbor Realty Trust, Inc. (company) — Registrant
• October 10, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share ABR New York Stock Exchan
• $100,000,000 — t"), completed the issuance and sale of $100,000,000 aggregate principal amount of its 9.00%

Filing Documents

• tm2425911d1_8k.htm (8-K) — 34KB
• 0001104659-24-107743.txt ( ) — 261KB
• abr-20241010.xsd (EX-101.SCH) — 3KB
• abr-20241010_def.xml (EX-101.DEF) — 27KB
• abr-20241010_lab.xml (EX-101.LAB) — 37KB
• abr-20241010_pre.xml (EX-101.PRE) — 26KB
• tm2425911d1_8k_htm.xml (XML) — 8KB

03. Creation

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information included in Item 8.01 below is incorporated by reference into this Item 2.03.

01 Other

Item 8.01 Other Events. 9.00% Senior Notes due 2027 On October 10, 2024, Arbor Realty SR, Inc., a Maryland corporation (the "Company") and a subsidiary of Arbor Realty Trust, Inc., a Maryland corporation (the "Parent"), completed the issuance and sale of $100,000,000 aggregate principal amount of its 9.00% senior notes due 2027 (the "Notes") pursuant to a Note Purchase Agreement (the "Purchase Agreement"), by and among the Company, the Parent, as guarantor, and the purchasers named therein (the "Purchasers"), whereby the Company agreed to sell to the Purchasers and the Purchasers agreed to purchase from the Company, subject to and upon the terms and conditions set forth in the Purchase Agreement, the Notes. The Company expects that the net proceeds of this offering will be used to pay down debt and for general corporate purposes. The Notes were offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Notes were offered only to persons reasonably believed to be "qualified institutional buyers" under Rule 144A and institutional accredited investors under Rule 501(a)(1), (2), (3) or (7). The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction. 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.

01 Financial

Item 9.01 Financial (d) Exhibits Exhibit Number Exhibit 4.1 In accordance with Item 601(b)(4)(iii)(A) of Regulation S-K, certain instruments with respect to long-term debt of the registrant have been omitted but will be furnished to the Securities and Exchange Commission upon request. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARBOR REALTY TRUST, INC. By: /s/ Paul Elenio Name: Paul Elenio Title: Chief Financial Officer Date: October 10, 2024

View Full Filing

View this 8-K filing on SEC EDGAR