---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-073971"
form_type: "8-K"
ticker: "OPIRQ"
cik: "0001456772"
company_name: "OFFICE PROPERTIES INCOME TRUST"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:48:09.297267+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OPI issues $567M 9% secured notes due 2029 via exchange of $865M unsecured notes

## Summary
- Exchanged $865.2M of existing 2025–2031 unsecured notes for $567.4M of new 9% senior secured notes due Sept 30, 2029.
- Interest 9% semi-annual; new notes secured by first-priority liens on 19 properties and second-priority on 19 others.
- Also issued 1,429,179 common shares to certain holders under the Support Agreement.
- Exchange offers expired June 17, settled June 20; reduces near-term debt maturities but increases secured leverage.

## SEC filing metadata
- accession: 0001104659-24-073971
- form_type: 8-K
- ticker: OPIRQ
- cik: 0001456772
- company_name: OFFICE PROPERTIES INCOME TRUST
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1456772/000110465924073971/0001104659-24-073971-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1456772/000110465924073971/tm2417675d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-073971
- JSON: https://secwatch.observer/filing/0001104659-24-073971.json
- Plain text: https://secwatch.observer/filing/0001104659-24-073971.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.