DigitalBridge Group has announced the closing of two securitized financing note issuances totaling $400 million through its subsidiaries DigitalBridge Issuer and DigitalBridge Co-Issuer. The transaction consists of $300 million in Series 2026-1 6.326% Secured Fund Fee Revenue Notes and a $100 million variable funding note facility that allows borrowing on a revolving basis.
Proceeds from the $300 million Class A-2 notes, net of offering expenses and reserve account deposits, were used to repay the outstanding Series 2021-1 securitization notes, effectively refinancing the company’s existing securitized debt. Interest payments on the new notes are payable quarterly. The anticipated repayment date for the Class A-2 notes is June 2031, while the variable funding notes carry an anticipated repayment date of June 2029, with the allowance of two further one-year extensions subject to customary conditions.
DigitalBridge is a leading global alternative asset manager dedicated to investing in digital infrastructure, with a heritage of more than 30 years across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure. The Boca Raton, Florida-based firm manages infrastructure assets on behalf of its limited partners and shareholders, with offices across North America, Europe, the Middle East, and Asia.
