Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 201

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 201
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%5.00% Notes Dec. 2021Dec. 2028180,000 178,513 5.00 %180,000 178,300 5.00 %4.50% Notes Aug. 2021Sept. 2026270,000 269,020 4.50 %270,000 268,601 4.50 %5.00% Notes Apr. 2021Apr. 2026175,000 174,475 5.00 %175,000 174,161 5.00 %4.50% Notes Mar. 2020 Mar. 2027275,000 274,169 4.50 %275,000 273,927 4.50 %$1,245,000 $1,238,174 5.73 %$1,245,000 $1,236,147 5.73 %________________________(1)At June 30, 2025 and December 31, 2024, the carrying value is net of deferred financing fees of $6.8 million and $8.9 million, respectively.(2)At both June 30, 2025 and December 31, 2024, the aggregate weighted average note rate, including certain fees and costs, was 6.02%.(3)These notes can be redeemed by us prior to three months before the maturity date, at a redemption price equal to 100% of the aggregate principal amount, plus a “make-whole” premium and accrued and unpaid interest. We have the right to redeem the notes within three months prior to the maturity date at a redemption price equal to 100% of the aggregate principal amount, plus accrued and unpaid interest.Subsequent Event. In July 2025, we issued $500.0 million aggregate principal amount of 7.875% senior unsecured notes due July 2030 in a private offering. We are using a portion of the net proceeds from this offering to repay our remaining outstanding $287.5 million 7.50% convertible notes due August 2025 and to add approximately $200.0 million of liquidity.Convertible Senior Unsecured NotesOur 7.50% convertible senior unsecured notes are not redeemable by us prior to maturity (August 2025) and are convertible by the holder into, at our election, cash, shares of our common