---
schema_version: "secwatch.filing_event.v1"
accession: "0001452936-26-000037"
form_type: "8-K"
ticker: null
cik: "0001452936"
company_name: "Pacific Oak Strategic Opportunity REIT, Inc."
filed_at: "2026-06-10T15:44:38+00:00"
generated_at: "2026-06-10T15:46:12.947098+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BVI subsidiary's bond restructuring approved by Israeli court; Series B/D bonds at 11.5%, due June 2028

## Summary
- Principal of Series B (NIS 388M) and Series D (NIS 587M) bonds unchanged; interest 11% then 11.5% after Completion Date.
- Final maturity June 30, 2028; bondholders receive additional 1.5% incremental interest or 50% residual value.
- Parent and OP may receive up to ~$2.9M discretionary funding from BVI under Second Loan; $540k already advanced.
- BVI must maintain $6M liquidity reserve (min $2M); G&A capped at $5M (2026), $4M (2027), $3M (2028).
- Bondholders gained board representation; Israeli court appointed administrator to decide creditor claims.

## SEC filing metadata
- accession: 0001452936-26-000037
- form_type: 8-K
- cik: 0001452936
- company_name: Pacific Oak Strategic Opportunity REIT, Inc.
- filed_at: 2026-06-10T15:44:38+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1452936/000145293626000037/0001452936-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1452936/000145293626000037/pacoaksor-20260605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001452936-26-000037
- JSON: https://secwatch.observer/filing/0001452936-26-000037.json
- Plain text: https://secwatch.observer/filing/0001452936-26-000037.txt

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