Office Properties Income Trust has received court approval to enter into a secured debtor-in-possession $(DIP)$ term loan credit agreement, providing access to up to $125 million in financing. The DIP facility, backstopped by holders of the company's 9.000% Senior Secured Notes due September 2029, will support OPI's working capital, general corporate needs, and the costs associated with its ongoing Chapter 11 proceedings. An initial $10 million draw has been made available, with the remainder contingent on the court's final approval and satisfaction of other customary conditions.
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: 0001104659-25-107765), on November 06, 2025, and is solely responsible for the information contained therein.