Arbor Realty Trust, Inc. Announces Initial Conversion Rate of 4.75% Convertible Senior Notes due 2022

The initial conversion rate is equivalent to an initial conversion price of approximately $17.80 per share of common stock, representing an approximate 15% conversion premium based on the average VWAP of the Companys common stock on Thursday, November 7 and Friday, November 8 of $15.4811 per share.