---
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"
generated_at: "2026-05-17T01:05:49.013503+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# OPI files Chapter 11, enters RSA to reduce debt from $2.4B to $1.3B

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-104631
- form_type: 8-K
- cik: 0001456772
- company_name: OFFICE PROPERTIES INCOME TRUST
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.03, 2.04, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-104631
- JSON: https://secwatch.observer/filing/0001104659-25-104631.json
- Plain text: https://secwatch.observer/filing/0001104659-25-104631.txt

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