Arbor Realty Trust Closes a $1.15 Billion Repurchase Facility to Unwind Two Outstanding Collateralized Loan Obligations
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Arbor Realty Trust has closed a $1.15 billion repurchase facility with JPMorgan Chase to unwind two collateralized loan obligations. The company plans to redeem these obligations at par using the facility's proceeds.
March 13, 2025 | 8:15 pm
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Arbor Realty Trust has secured a $1.15 billion repurchase facility to unwind two collateralized loan obligations, which will be redeemed at par. This move could improve the company's financial flexibility and reduce leverage.
The closing of the repurchase facility allows Arbor Realty Trust to redeem two CLOs at par, potentially improving its balance sheet by reducing leverage. This financial maneuver could be seen positively by investors, leading to a short-term positive impact on the stock price.
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IMPORTANCE 80
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