Latham & Watkins Advises on Arbor Realty Trust’s Upsized US$325 Million Convertible Senior Notes Offering
Arbor Realty Trust, Inc. (NYSE: ABR), a nationwide real estate investment trust and direct lender, announced the pricing of its upsized offering of US$325 million aggregate principal amount of its 6.25% convertible senior notes due 2029 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. The aggregate principal amount of the offering was increased from the previously announced offering of US$300 million aggregate principal amount of notes. The sale of the notes to the initial purchasers is expected to settle on or about July 6, 2026, subject to customary closing conditions. Arbor also granted the initial purchasers of the notes a 13‑day option to purchase up to an additional US$50 million aggregate principal amount of the notes on the same terms and conditions.
Latham & Watkins LLP represents the initial purchasers in the offering with a corporate team led by partners Marc Jaffe, Erika Weinberg, Greg Rodgers, and Andrew Blumenthal, with associates Andrew Bentz, Joshua Harriott, Jessmine Lee, and Helen Zhang. Advice was also provided on tax matters by partners Ana O’Brien and Bora Bozkurt, with associates Farrah Yan and Sina Setayeshpour; and on derivatives matters by partner Reza Mojtabaee‑Zamani, with associate Daniel Weiss.