Office Properties Income Trust issues $425 million of 8.75% senior secured notes due 2031

Bitget2026/09/24 20:23

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Office Properties Income Trust issued USD 425 million of 8.75% senior secured notes due 2031.
Proceeds repaid all borrowings under its secured revolving credit facility and secured term loan, using net proceeds and cash on hand.
Notes mature Oct. 1, 2031; interest payable semi-annually starting April 1, 2027.
Debt is guaranteed by certain subsidiaries; secured by first-priority liens on 19 office properties and subsidiary equity interests.
Liens rank ahead of its 10.000% senior secured notes due 2031 on the same collateral, subject to an intercreditor agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Office Properties Income Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-110419), on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Office Properties Income Trust issues $425 million of 8.75% senior secured notes due 2031

You may also like

Crypto prices