DigitalBridge Announces Exchanges with Holders of $60 Million of Exchangeable Notes

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Mar 04, 2022

DigitalBridge Group, Inc. (“DigitalBridge”), today announced that DigitalBridge and DigitalBridge Operating Company, LLC (the "Issuer") entered into privately negotiated exchange agreements (the “Early Exchange Agreements”) with certain noteholders (the “Noteholders”) of the Issuer’s 5.75% Exchangeable Senior Notes due 2025 (the “2025 Notes”), pursuant to which the Noteholders have agreed to exchange approximately $60 million in aggregate principal amount of the outstanding 2025 Notes for a combination of shares of DigitalBridge’s class A common stock, par value $0.01 per share (“Common Stock”) and a fixed cash payment.