OFFICE PROPERTIES INCOME TRUST 8K

Office Properties Income Trust priced a $425 million 8.75% senior secured notes offering due 2031 to refinance existing secured credit facilities.

Office Properties Income Trust announced that it has priced an offering of $425 million aggregate principal amount of 8.75% senior secured notes due 2031, which will be guaranteed by certain subsidiaries and secured by first-priority liens on 19 office properties and equity pledges of the subsidiary guarantors, with settlement expected on September 24, 2026 subject to customary closing conditions; the company intends to use the net proceeds, together with cash on hand, to repay all outstanding borrowings under its secured revolving credit facility and its secured term loan, in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.

Filing Facts

CIK

1456772

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-106769

Alert Tier

7