Colony Capital to Present Next Chapter as DigitalBridge at 2021 Investor Day
June 22 2021 - 8:00AM
Business Wire
Begins Trading Under New NYSE Ticker Symbol,
DBRG, Today
Colony Capital, Inc. (NYSE:CLNY) (“Colony” or the “Company”)
today announced its rebranding to DigitalBridge and its official
name change to DigitalBridge Group, Inc., reflecting the
significant business transformation the Company has undergone.
Effective today, the Company will begin trading under a new NYSE
ticker DBRG.
The Company is also hosting its inaugural Investor Day, where
the leadership team will present the Company’s strategic
priorities, opportunities for growth in a dynamic digital
infrastructure landscape, and an update on the Company’s medium and
longer-term financial outlook and guidance.
“We are pleased to have a name that reflects our singular focus
on digital infrastructure. Today we will be sharing our vision for
DigitalBridge and provide insight into how we are executing on the
opportunities to build and operate the networks that enable
connectivity and power the digital economy,” said Marc Ganzi,
President and Chief Executive Officer of DigitalBridge. “As the
world becomes increasingly digital, our firm is well-positioned to
capitalize on the powerful secular tailwinds supporting investment
in digital infrastructure.”
The company’s website domain will transition to
www.digitalbridge.com.
Webcast Information
Today’s Virtual Investor Day will begin at 11:00 am ET. To
register and for additional information, please visit the event’s
site: DigitalBridge Investor Day or the Events &
Presentations page of the Shareholders section of the Company’s
website at www.clny.com. Please allow extra time prior to
the start of the event to download any necessary software that may
be needed to view the webcast.
About DigitalBridge
DigitalBridge (NYSE: DBRG) is a leading global digital
infrastructure REIT. With a heritage of over 25 years investing in
and operating businesses across the digital ecosystem including
towers, data centers, fiber, small cells, and edge infrastructure,
the DigitalBridge team manages a $32 billion portfolio of digital
infrastructure assets on behalf of its limited partners and
shareholders. DigitalBridge is headquartered in Boca Raton with key
offices in Los Angeles, New York, London and Singapore.
Cautionary Statement regarding Forward-Looking
Statements
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, the timing and pace of the
Company’s digital transformation, including the Company’s ability
to rotate the balance sheet and redeploy capital into digital
infrastructure, whether the Company will realize any of the
anticipated benefits of such transformation, the Company’s ability
to capitalize on the secular tailwinds supporting the continued
growth and investment in digital infrastructure and other risks and
uncertainties, including those detailed in Colony's Annual Report
on Form 10-K for the year ended December 31, 2020, Quarterly Report
on Form 10-Q for the quarter ended March 31, 2021, and its other
reports filed from time to time with the U.S. Securities and
Exchange Commission. All forward-looking statements reflect the
Company’s good faith beliefs, assumptions and expectations, but
they are not guarantees of future performance. Colony cautions
investors not to unduly rely on any forward-looking statements. The
forward-looking statements speak only as of the date of this press
release. Colony is under no duty to update any of these
forward-looking statements after the date of this press release,
nor to conform prior statements to actual results or revised
expectations, and Colony does not intend to do so.
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version on businesswire.com: https://www.businesswire.com/news/home/20210622005474/en/
Colony Capital
Investors: Severin White Managing Director, Head of
Public Investor Relations (212) 547-2777 swhite@clny.com
Media: Joele Frank, Wilkinson Brimmer Katcher Julie
Hamilton / Jon Keehner clny-jf@joelefrank.com (212) 355-4449
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