Welcome to our dedicated page for Digitalbridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on Digitalbridge Group stock.
DigitalBridge Group, Inc. (NYSE: DBRG) regularly issues news and updates that reflect its role as a global alternative asset manager focused on digital infrastructure. Company press releases highlight activity across the digital ecosystem, including investments in cell towers, data centers, fiber, small cells, and edge infrastructure, as well as fund milestones and strategic partnerships. This news page aggregates such announcements so readers can review how DigitalBridge communicates its strategy and platform developments over time.
Recent news items include the close of DigitalBridge Partners III, the firm’s third value-added digital infrastructure fund, with multi-billion-dollar commitments and co-investments, and early deployment into platforms such as Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTOWER. Other releases describe DigitalBridge’s role as a major investor in hyperscale data center projects, including large campuses that support AI and cloud workloads, and its collaboration with KT Corporation in Korea through a memorandum of understanding to explore next-generation AI data centers.
DigitalBridge-related news also covers portfolio and platform transactions, such as the agreement for funds managed by an affiliate of DigitalBridge to sell Digita Group, a Nordic tower and broadcast infrastructure platform, to GI Partners, and the completion of a take-private acquisition of WideOpenWest, Inc. (WOW!) by affiliated investment funds of DigitalBridge and Crestview Partners. In addition, announcements describe a definitive agreement under which SoftBank Group Corp. plans to acquire DigitalBridge, subject to stockholder and regulatory approvals.
Investors and observers can use this news feed to review DigitalBridge’s public statements on fundraises, portfolio activity, strategic partnerships, and proposed corporate transactions, all of which illustrate how the company positions itself within the global digital infrastructure landscape.
DigitalBridge Group (NYSE: DBRG) announced that Marc Ganzi, its President and CEO, has been appointed to the Nareit 2022 Advisory Board of Governors. Ganzi expressed his commitment to promoting the significant role of REITs in driving job creation, economic growth, and enhancing digital infrastructure. Nareit, representing REITs and real estate firms globally, welcomes Ganzi, who brings over 20 years of experience in the digital real estate sector. DigitalBridge manages a portfolio worth $38 billion, focusing on diverse digital infrastructure assets.
DigitalBridge Group reported strong third-quarter results for 2021, with total revenues reaching $252 million and a net income of $41 million or $0.08 per share. Core FFO was $2.0 million and AFFO amounted to $0.7 million. The company highlighted significant progress, having rotated $70 billion AUM in under three years, and achieved $8.1 billion in commitments for its second flagship fund, surpassing its target by 35%. DigitalBridge has nearly 100% of its AUM in digital assets, with revenue growth driven by an expanding digital portfolio and reduced corporate debt.
Vantage Data Centers has successfully raised US$530 million through a securitized note issuance, marking its seventh such financing since 2018. The five-year notes, rated A- by Standard & Poor’s, will primarily refinance its Variable Funding Note facility and support general corporate needs. This financing, characterized by the tightest spread Vantage has achieved, reflects the company's strong financial position and growing demand for hyperscale data centers. The transaction was facilitated by DigitalBridge Group, Inc. (NYSE: DBRG), Vantage's majority stakeholder.
DigitalBridge Group (NYSE: DBRG) and Columbia Capital have agreed to acquire select assets from Superloop (Singapore) Pte. Ltd. and Superloop (Hong Kong) Limited for A$140 million. This marks DigitalBridge's first fiber investment in the Asia Pacific region and aims to address the growing demand for connectivity. The deal, expected to close in early 2022, showcases DigitalBridge's strategic partnership with Superloop and Columbia Capital, capitalizing on opportunities in the Singapore and Hong Kong markets.
DigitalBridge Group (NYSE: DBRG) announced the redemption of 2,560,000 shares of its 7.125% Series H Cumulative Redeemable Perpetual Preferred Stock, representing 22.3% of the total shares. This redemption will result in a reduction of over $140 million in preferred stock since July. The redeemed shares will be paid at $25.00 each, plus any accrued dividends, effective November 15, 2021. DigitalBridge, a global digital infrastructure REIT, manages a $35 billion portfolio and aims to lower its cost of capital while enhancing cash flows.
DigitalBridge Group, Inc. (NYSE: DBRG) will release its third quarter 2021 financial results before the market opens on November 4, 2021. An earnings presentation and conference call will follow at 10:00 a.m. ET the same day. Shareholders can access the live webcast on the Company’s website. For those unable to join live, a replay will start at 1:00 p.m. ET on the same day. DigitalBridge is a leading global digital infrastructure REIT, managing a $35 billion portfolio of assets across the digital ecosystem.
DigitalBridge Group (NYSE: DBRG) announced the appointment of Matthew Evans as Managing Director, Head of Europe, effective mid-November. With over two decades of experience in global infrastructure investment, Evans previously led digital infrastructure investments at AMP Capital. His focus will be on expanding DigitalBridge’s European investment management and supporting existing assets. CEO Marc Ganzi expressed confidence in Evans’ capability to drive growth within the company’s portfolio.
DigitalBridge Group (NYSE: DBRG) announced the acquisition of a controlling stake in Vertical Bridge, the largest private operator of wireless communication infrastructure in the U.S. The deal highlights DigitalBridge's commitment to growing in the rapidly expanding telecom infrastructure market. Vertical Bridge, founded in 2014, operates over 308,000 sites, including 8,000 towers, poised to meet increasing demands for 5G services as digital devices become more popular. The acquisition reflects confidence in Vertical Bridge's future growth potential.
DigitalBridge Group has entered into a privately negotiated exchange agreement to convert approximately $44 million of its 5.75% Exchangeable Senior Notes due 2025 for shares of its Class A common stock. This agreement adjusts the exchange ratio from 434.7826 shares per $1,000 to 456.0831 shares per $1,000, totaling approximately 20.1 million shares to be issued. The transaction is expected to close around October 20, 2021, pending customary conditions, and is aimed at improving DigitalBridge's cash flows.
Scala Data Centers, founded by DigitalBridge, announced the creation of over 100 new job positions to enhance its expansion in Latin America. Recognized as a top employer in Brazil, Scala seeks talent in various fields, with more than 45 roles in Engineering and Construction and over 30 in Operations and Backoffice. Positions are also available in Chile, Mexico, and Colombia. The company emphasizes a dynamic work environment, aiming for a workforce exceeding 300 professionals.
For more details, candidates can view job postings on LinkedIn or email their resumes.