DigitalBridge prices $300 million notes to repay outstanding debt
DigitalBridge Group, Inc. (NYSE: DBRG) announced that two of its subsidiaries have priced an offering of $300 million in Series 2026-1 6.326% Secured Fund Fee Revenue Notes, Class A-2. The notes carry quarterly interest payments and an anticipated repayment date of June 2031.
The Co-Issuers, DigitalBridge Issuer, LLC and DigitalBridge Co-Issuer, LLC, will use the proceeds from the note sale to repay outstanding securitization notes after deducting offering expenses and reserve account deposits.
Concurrent with the Class A-2 Notes issuance, the Co-Issuers expect to issue Series 2026-1 Secured Fund Fee Revenue Variable Funding Notes, Class A-1 Notes, which will provide up to $100 million in revolving borrowing capacity.
The closing of the Series 2026-1 Notes sale is scheduled for May 11, 2026, subject to various closing conditions. The company noted that the timing and completion of the transaction cannot be assured.
The notes will be issued through a securitization transaction and have not been registered under the Securities Act of 1933. DigitalBridge operates as an alternative asset manager focused on digital infrastructure investments including cell towers, data centers, fiber networks, small cells, and edge infrastructure.
