{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-104631","form_type":"8-K","ticker":null,"cik":"0001456772","company_name":"OFFICE PROPERTIES INCOME TRUST","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.448664+00:00","generated_at":"2026-05-17T01:05:49.013503+00:00","sec_items":["1.01","1.03","2.04","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"confidence":"high","headline":"OPI files Chapter 11, enters RSA to reduce debt from $2.4B to $1.3B","bullets":["Filed voluntary Chapter 11 petitions on Oct 30, 2025 in Southern District of Texas to implement comprehensive restructuring.","RSA with ad hoc noteholder group equitizes ~$1B of existing notes; September 2029 notes convert to $98M equity + $420M takeback debt.","Balance sheet debt to drop from ~$2.4B to ~$1.3B upon emergence; funded debt rendered unimpaired or restructured.","Committed $125M debtor-in-possession financing from September 2029 noteholders to support operations during Chapter 11.","Common shareholders expected to face significant or complete loss; new management agreement with RMR for 5-year term at $14M annual fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-104631","json":"https://secwatch.observer/filing/0001104659-25-104631.json","markdown":"https://secwatch.observer/filing/0001104659-25-104631.md","text":"https://secwatch.observer/filing/0001104659-25-104631.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1456772/000110465925104631/0001104659-25-104631-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1456772/000110465925104631/tm2529875d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:05:49.013503+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}