secwatch.observer — SEC 8-K summary
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Issuer:     OFFICE PROPERTIES INCOME TRUST (—)
CIK:        0001456772
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001104659-26-011514
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 1.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456772/000110465926011514/0001104659-26-011514-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456772/000110465926011514/tm265338d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-011514

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