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. reports developments tied to its role as a global alternative asset manager focused on digital infrastructure. Company news centers on investments and operating platforms across cell towers, data centers, fiber, small cells and edge infrastructure, including completed data center asset acquisitions by affiliated funds and capital activity involving communications infrastructure platforms.
Recurring updates also cover operating and financial results, shareholder voting matters, governance items, material agreements and capital-structure disclosures. These themes reflect DigitalBridge's management of infrastructure assets for limited partners and shareholders across digital connectivity and computing infrastructure markets.
DigitalBridge Group, Inc. (NYSE: DBRG) has announced a successful pricing of $300 million in Series 2021-1 3.95% Secured Fund Fee Revenue Notes, Class A-2. Interest on these notes will be paid quarterly, with a maturity date set for September 2026. The proceeds from this offering will support general corporate purposes. Concurrently, the Company plans to issue Series 2021-1 Secured Fund Fee Revenue Variable Funding Notes, allowing up to $150 million in revolving credit, potentially increasing to $200 million. The closing date for these transactions is scheduled for July 9, 2021.
Scala Data Centers, backed by DigitalBridge (NYSE: DBRG), has achieved carbon neutrality in Brazil as of 2020/2021.
Scala utilizes 100% renewable energy, becoming the first data center company in Latin America to reach this milestone. The company has invested in projects preventing deforestation across 105,000 hectares in Brazil and transitioned local industries to sustainable fuel sources.
Scala's commitment is recognized through the CarbonNeutral® certification from Natural Capital Partners.
DigitalBridge Group (NYSE: DBRG) has updated its financial guidance for FY 2021 during its inaugural Investor Day. Key updates include:
- Digital IM Revenue expected between $145M and $155M, up from $140 - $150M.
- Fee Related Earnings projected at $90M to $95M, increased from $80 - $85M.
- Operating Revenue revised to $130M to $140M, up from $125 - $135M.
- Long-term targets for 2025 were also introduced, showcasing a strong growth trajectory.