DigitalBridge Group Inc | 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (CLNY.PRI)
Prospectus excerpt: We are offering 12,000,000 shares of our 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share, which we refer to in this prospectus supplement as our Series I Preferred Stock. This is the original issuance of our Series I Preferred Stock. Dividends on our Series I Preferred Stock will be cumulative from the date of original issue and payable quarterly on or about the 15th day of each January, April, July and October at the rate of 7.15% per annum of its liquidation preference, which is equivalent to $1.7875 per annum per share. The first dividend on our Series I Preferred Stock sold in this offering is payable on July 15, 2017 (in the amount of $0.1986 per share).
Colony Capital is a holding company. Through its subsidiaries, Co. is an investment firm with a focus on identifying and capitalizing on secular trends in digital real estate. Co. conducts its operations as a real estate investment trust. Co. is an owner, operator and investment manager of digital infrastructure and real estate. Co. owns, manages, and/or operates across all main infrastructure components of the digital ecosystem including data centers, cell towers, fiber networks and small cells. Co. conducts its business through five reportable segments as follows: Digital Investment Management; Digital Operating; Digital Other; Wellness Infrastructure; and Other.