DigitalBridge to redeem all $86.25 million 7.5% series G preferreds

By Wendy Van Sickle

Columbus, Ohio, July 15 – DigitalBridge Group, Inc., formerly Colony Capital Inc., will redeem its remaining outstanding 7.5% series G cumulative redeemable perpetual preferred stock, according to a news release.

The 3.4 million shares have a liquidation preference totaling $86.25 million.

They will be redeemed at $25 apiece plus accrued dividends on Aug. 16.

The real estate investment trust is based in Los Angeles.

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