| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Arbor National Holdings, Inc. |
| 333 Earle Ovington Boulevard, Uniondale, NY 11553 * (516) 832-8002 |
| The company is a fully integrated real estate financial services company. The company funds, on a negotiated basis, high-yielding lending and investment opportunities in commercial real estate through mezzanine loans, bridge loans, and note acquisitions. |
| Manager | Tier | Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 526-8100 |
| Friedman, Billings, Ramsey & Co., Inc. | Co-manager | (703) 312-9571 |
| NASNTL: | ARBH | Financial: | SIC 6282 | |
| Type of Shares: | Common Shares | Filing Date: | 6/15/98 | |
| U.S. Shares Filed: | 3,300,000 | Filing Range: | $14.00 - $16.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $49,500,000 | |
| Primary Shares: | 3,300,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 83 |
| Issuer's Law Firm: | Pryor, Cashman, Sherman & Flynn |
| Bank's Law Firm: | Skadden, Arps, Slate, Meagher & Flom |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $24.29 | $7.98 | $4.32 | Assets: | $93.49 |
| Net Income: | $5.16 | $2.05 | $0.70 | Curr Assets: | |
| EPS: | Liabilities: | $75.99 | |||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | -$23.60 | $53.48 | $17.15 | Equity: | $17.50 |
| Cash Flow/Fin: | $35.26 | $51.67 | -$17.26 | Cash: | $2.26 |
| Cash Flow/Inv: | -$10.53 | -$1.45 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay outstanding indebtedness, working capital and for general corporate purposes. |