Office Properties Income Trust announced that it did not make the required interest payment of approximately $1.8 million due on its 3.450% Senior Notes due 2031 on October 15, 2025. The company has a 30-day grace period under the indenture to make the payment before non-payment constitutes an event of default. Office Properties Income Trust stated that it continues to work with its advisors to pursue restructuring efforts. The company also notified Wells Fargo, the administrative agent under its credit agreement, of the missed interest payment, which similarly has a 30-day grace period before being considered an event of default under the credit 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: 0001104659-25-100149), on October 17, 2025, and is solely responsible for the information contained therein.
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