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Arbor Realty Trust, Inc. Announces Public Offering Of Senior Notes Due 2021

UNIONDALE, N.Y., May 7, 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 Senior Notes due 2021 (the "Notes"). The Company intends to grant the underwriters a 30-day option to purchase additional Notes to cover over-allotments, if any. The Company intends to file an application to list the Notes on the NYSE under the symbol "ABRN" and, if approved, expects trading to commence within 30 days after the initial issuance of the Notes.

The Notes will be senior unsecured obligations of the Company and will pay interest quarterly. The Company will issue the Notes in denominations of $25 and integral multiples of $25 in excess thereof. The aggregate principal amount of Notes being offered, interest rate and offering price of the Notes will be determined at the time of pricing of the offering.

The Company intends to use the net proceeds from the offering to make investments, to repurchase or pay liabilities and for general corporate purposes.

Deutsche Bank Securities Inc., Keefe, Bruyette & Woods, Inc. and MLV & Co. LLC will serve as joint book-running managers for the offering. Credit Suisse Securities (USA) LLC will serve as senior co-manager for the offering. JMP Securities LLC and Ladenburg, Thalmann & Co. Inc. will serve as co-managers for the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

The offering will be made pursuant to the Company's existing effective shelf registration statement, previously filed with the Securities and Exchange Commission. The offering of these securities will be made only by means of a prospectus and related prospectus supplement. When available, copies of the prospectus and accompanying preliminary prospectus supplement relating to these securities may be obtained by contacting Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, New York 10005-2836, Email: prospectus.CPDG@db.com, Telephone: (800) 503-4611; Keefe, Bruyette & Woods, Inc., Attn: Syndicate Department, One South Street, 15th Floor, Baltimore, MD 21202, or by calling (855) 300-7136; and MLV & Co. LLC, Attn: Randy Billhardt, Email: rbillhardt@mlvco.com, Telephone: (212) 542-5882.

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