secwatch.observer — SEC 8-K summary
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Issuer:     OFFICE PROPERTIES INCOME TRUST (—)
CIK:        0001456772
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001104659-25-107765
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.01, 1.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPI files Chapter 11, obtains $125M DIP facility at 12% interest
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- Voluntary Chapter 11 petitions filed Oct 30, 2025 to implement restructuring under RSA.
- DIP term loan facility up to $125M; initial $10M drawn, remaining $115M after final order.
- DIP loans bear 12.00% cash interest plus upfront (2.25%), anchor (10.00%) and exit (5.75%) fees payable in cash or equity.
- Facility matures 185 days after petition date, or earlier on plan effective date or sale of substantially all assets.
- Common stock now quoted on OTC Pink (OPITS); 6.375% Senior Notes quoted on OTC Pink (OPILR).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456772/000110465925107765/0001104659-25-107765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456772/000110465925107765/tm2530037d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-107765

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