secwatch.observer — SEC 8-K summary
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Issuer:     OFFICE PROPERTIES INCOME TRUST (OPIRQ)
CIK:        0001456772
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0001104659-24-107276
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPI issues $42.6M of new 9% senior secured notes due 2029 in exchange for unsecured notes
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- Issued $42,570,000 aggregate principal amount of 9.000% senior secured notes due 2029.
- Notes issued via private exchanges with certain investors for the company's unsecured notes.
- New notes rank pari passu with existing $567M 9% senior secured notes due 2029 issued June 2024.
- Private placements exempt under Section 4(a)(2) or Regulation S; notes unregistered.
- Indenture terms substantially similar to existing indenture dated June 20, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456772/000110465924107276/0001104659-24-107276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456772/000110465924107276/tm2425804d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-107276

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