DigitalBridge Prices $300 Million Financing Facility, to Repay Outstanding Series 2021-1 Notes
The proceeds from the sale of the Class A-2 Notes, net of the payment of certain offering expenses and the deposits into certain reserve accounts, will be used to repay the outstanding securitization notes of the Co-Issuers.
Additionally, and concurrent with the issuance of the Class A-2 Notes, the Co-Issuers expect to issue Series 2026-1 Secured Fund Fee Revenue Variable Funding Notes, Class A-1 Notes (the “VFN Notes” and, together with the Class A-2 Notes, the “Series 2026-1 Notes”), which will allow the Co-Issuers to borrow up to
The closing of the sale of the Series 2026-1 Notes is expected to occur on
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Series 2026-1 Notes or any other security, nor will there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. The Series 2026-1 Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in
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Forward Looking Statement
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include, without limitation, whether the Co-Issuers will consummate the sale of the Series 2026-1 Notes and expected use of proceeds from the sale of the Class A-2 Notes, whether the issuance size of the VFN Notes will increase and other risks and uncertainties, including those detailed in the Company’s Annual Report on Form 10-K for the year ended
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Investors:
Managing Director
(212) 547-2777
severin.white@digitalbridge.com
Media:
(212) 355-4449
dbrg-jf@joelefrank.com
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