---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-110419"
form_type: "8-K"
ticker: "OPIRQ"
cik: "0001456772"
company_name: "OFFICE PROPERTIES INCOME TRUST"
filed_at: "2026-09-24T20:23:17+00:00"
generated_at: "2026-09-24T20:24:05.008998+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Office Properties Income Trust issues $425M 8.75% senior secured notes due 2031, repays credit facilities

## Summary
- Issued $425.0M aggregate principal of 8.75% senior secured notes due Oct 1, 2031; interest semi-annual from Apr 1, 2027.
- Proceeds plus cash on hand repaid $425.0M outstanding under secured revolver ($325M) and term loan ($100M), terminating the Jan 29, 2024 Credit Agreement.
- Notes secured by first-priority liens on 19 office properties and 100% equity of subsidiary guarantors; senior to existing 10.000% notes on collateral.
- Redemption: make-whole before Oct 1, 2028; then 104.375% (2028), 102.188% (2029), 100% (2030); up to 40% at 108.75% from equity proceeds before 2029.
- Change-of-control put at 101%; covenants include total unencumbered asset ratio and limits on additional debt and liens.

## SEC filing metadata
- accession: 0001104659-26-110419
- form_type: 8-K
- ticker: OPIRQ
- cik: 0001456772
- company_name: OFFICE PROPERTIES INCOME TRUST
- filed_at: 2026-09-24T20:23:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1456772/000110465926110419/0001104659-26-110419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1456772/000110465926110419/tm2626041d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-110419
- JSON: https://secwatch.observer/filing/0001104659-26-110419.json
- Plain text: https://secwatch.observer/filing/0001104659-26-110419.txt

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