OPI gets $125M DIP facility in Chapter 11, exit fee cut to 4.5%

OFFICE PROPERTIES INCOME TRUST

Bankruptcy Court entered Final DIP Order on Feb 4, 2026, approving amended DIP credit agreement with up to $125M total facility.
Tranche A1 of $64.3M funded immediately; Tranche A2 of $10.7M after syndication; Tranche B of $40M available around Apr 3, 2026.
Maturity date set as earliest of May 4, 2026 (extendable), effective date of plan, asset sale, or acceleration; else July 2, 2026.
Exit fee reduced to 4.5% from 5.75%; upfront fee payable in cash (2.25%) or 3.6% equity in reorganized company.
Company remains in Chapter 11 pursuing restructuring under Restructuring Support Agreement.

item 1.01 item 1.03 item 9.01

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