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OFFICE PROPERTIES INCOME TRUST
Office Properties Income Trust issued $425 million in 8.75% senior secured notes due 2031 on September 24, 2026. The company used the net proceeds from this offering, along with cash on hand, to repay all outstanding obligations under its existing secured revolving credit facility and secured term loan, subsequently terminating those credit agreements.…more
OFFICE PROPERTIES INCOME TRUST
Office Properties Income Trust (OPI) has priced an offering of $425 million in 8.75% senior secured notes due 2031. The company intends to use the net proceeds, along with cash on hand, to repay all outstanding borrowings under its secured revolving credit facility and secured term loan.…more
OFFICE PROPERTIES INCOME TRUST
Office Properties Income Trust entered into a Board Observation Rights Agreement with Redwood Capital Management on June 17, 2026, allowing Redwood to designate a non-voting board observer as long as it maintains at least 15% ownership. Additionally, Redwood Capital Management disclosed the sale of 365,529 shares between August 6 and August 18, 2026.…more
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