DigitalBridge Group, Inc. (NYSE: DBRG) completed two securitized financing note issuances totaling $400 million, according to a company statement.

Two subsidiaries, DigitalBridge Issuer, LLC and DigitalBridge Co-Issuer, LLC, closed a $300 million offering of Series 2026-1 6.326% Secured Fund Fee Revenue Notes, Class A-2. The subsidiaries also issued Series 2026-1 Secured Fund Fee Revenue Variable Funding Notes, Class A-1, which provides access to up to $100 million on a revolving basis.

The proceeds from the Class A-2 Notes, after deducting offering expenses and reserve account deposits, were used to repay the outstanding Series 2021-1 securitization notes. Interest payments on the Series 2026-1 Notes will be made quarterly.

The Class A-2 Notes have an anticipated repayment date of June 2031, while the variable funding notes are expected to be repaid by June 2029, with the possibility of two additional one-year extensions subject to certain conditions.

The notes were not registered under the Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption from registration requirements.

DigitalBridge is a global alternative asset manager focused on digital infrastructure investments, including cell towers, data centers, fiber, small cells, and edge infrastructure. The company is headquartered in Boca Raton, Florida.