DigitalBridge Group, Inc. - DBRG STOCK NEWS

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.

DigitalBridge Group (NYSE: DBRG) announced the appointment of Peter Hopper as Managing Director of DigitalBridge Investment Management. With over 20 years in digital infrastructure dealmaking, Hopper co-founded DH Capital and previously served as a Partner at Abry Partners. He will focus on strategic investments in data centers and fiber segments, working alongside the investment team. CEO Marc Ganzi expressed confidence in Hopper's expertise as they pursue their fully digital strategy.

DigitalBridge Group has announced the acquisition of the CA22 hyperscale data center in Santa Clara, CA, enhancing its Vantage SDC platform. Valued at $539 million, the acquisition will be funded through existing debt facilities and cash. This acquisition marks Vantage SDC's first since its formation in July 2020 and increases its capacity by 14% to 177MW. The transaction demonstrates DigitalBridge's commitment to growing its portfolio of stabilized data centers while providing consistent returns for investors.

DigitalBridge Group (NYSE: DBRG) will participate in two investor conferences in October 2021. On October 4, Marc Ganzi, President and CEO, will present at the Deutsche Bank 29th Annual Leverage Finance Conference at 4:15 PM ET. Then, on October 19, he will speak at the J.P. Morgan Third Annual Media and Communications Industry Panel Forum at 12:05 PM ET, where the company will also hold 1x1 investor meetings. Webcasts of these events can be accessed via the ir.digitalbridge.com/events website.

DigitalBridge Group, Inc. (NYSE: DBRG) announced that CEO Marc Ganzi will present at the 2021 RBC Capital Markets Global Tower and Wireless Infrastructure Virtual Investor Day on September 28, 2021, at 12:35 PM ET. The event will also include investor meetings. The keynote webcast will be accessible from the Company’s website. DigitalBridge is a leading global digital infrastructure REIT, managing a portfolio valued at $35 billion across various digital assets.

Scala Data Centers, founded by DigitalBridge Group (NYSE: DBRG), has announced the hiring of General Managers in Chile, Mexico, and Colombia as part of its internationalization strategy in Latin America. Guillermo Cipolla will lead operations in Chile, Dax Simpson in Mexico, and Dany Serrano in Colombia. Each has extensive experience in the data center sector, which Scala CEO Marcos Peigo emphasized as crucial for the company's growth. Scala aims to meet the increasing demand for digital services in the region with a commitment to sustainability.

DigitalBridge Group, Inc. (NYSE: DBRG) has partnered with ImpactData to establish secure colocation data centers at colleges, especially targeting Historically Black Colleges and Universities (HBCUs). This initiative aims to bridge the digital divide by providing advanced data infrastructure to underserved communities, enabling better access to educational resources and promoting digital transformation. ImpactData plans to invest over $1 billion in digital infrastructure over the next decade, enhancing connectivity and fostering innovation in education.

Vantage Data Centers expands into the Asia-Pacific market through two acquisitions, fueled by an incremental equity raise of $1.5 billion led by DigitalBridge. This expansion includes the acquisition of Agile Data Centers, developing greenfield campuses in Tokyo, Osaka, and Melbourne, totaling 168MW of critical IT load. Additionally, PCCW Ltd.'s data center portfolio will be integrated, enhancing Vantage's presence in Hong Kong and Kuala Lumpur. The strategic move aims to serve hyperscale and enterprise customers in a high-growth region.