DigitalBridge wraps private exchanges of 5.75% exchangeable notes

Chicago, March 8 – DigitalBridge Group, Inc., in furtherance to its announcement on Friday, announced that combining both Friday and Monday the company has completed the exchange of five separate and privately negotiated transactions with certain holders of its 5.75% exchangeable senior notes due 2025, according to an 8-K filing with the Securities and Exchange Commission.

The numbers have been tweaked since the news release on Friday.

The company exchanged a total principal amount of $60,317,000 of the notes.

In total, the five holders received 25,557,462 shares of the company’s class A common stock and $13.9 million in cash.

The notes were issued by DigitalBridge Operating Co. LLC.

The digital infrastructure real estate investment trust is based in Boca Raton, Fla.

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