Office Properties Income Trust’s Note Exchange Discussions

Office Properties Income ( (OPI) ) just unveiled an update.

Office Properties Income Trust engaged in confidential discussions with certain parties regarding a proposed transaction involving the exchange of its outstanding senior unsecured notes for new notes with similar terms to its 8.000% Senior Priority Guaranteed Unsecured Notes due 2029. However, the parties could not reach an agreement on the rate, scope of unsecured guarantees, covenants, and other terms. This disclosure was made to satisfy public disclosure obligations under confidentiality agreements, but the information should not be considered a reliable prediction of future events.

More about Office Properties Income

YTD Price Performance: -53.94%

Average Trading Volume: 693,374

Technical Sentiment Signal: Strong Buy

Current Market Cap: $33.5M

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