DigitalBridge updates Series H preferred conversion rights
DigitalBridge said holders of its 7.125% Series H cumulative redeemable perpetual preferred stock will have updated conversion rights following its acquisition by SoftBank affiliates on Sept. 30, 2026.
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12:31:09 PM UTC
SquawkNews
Following its Sept. 30, 2026 acquisition by SoftBank affiliates, DigitalBridge granted Series H Preferred holders a Change of Control Conversion Right to receive $11.28 in cash per share until Oct. 28, 2026. Unconverted shares remain outstanding on existing terms.Material DetailsContext by AI Analy…