UNIONDALE, N.Y., Feb. 20, 2014 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the "Company") (NYSE:ABR) announced today that it plans to make a public offering of an initial issuance of its Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"). The Company intends to grant the underwriters a 30-day option to purchase additional shares of Series C Preferred Stock to cover over-allotments, if any. The Company intends to file an application to list the Series C Preferred Stock on the NYSE under the symbol "ABR PrC" and, if approved, expects trading to commence within 30 days after the initial issuance of the Series C Preferred Stock.
Arbor Realty Trust, Inc. Announces Public Offering Of Series C Cumulative Redeemable Preferred Stock
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