Form 8-K
8-K — OFFICE PROPERTIES INCOME TRUST
Accession: 0001104659-26-106769
Filed: 2026-09-10
Period: 2026-09-10
CIK: 0001456772
SIC: 6500 (REAL ESTATE)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — tm2625217d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2625217d1_ex99-1.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
September 10, 2026
OFFICE PROPERTIES INCOME TRUST
(Exact Name of Registrant as Specified in Its Charter)
Maryland
(State or Other Jurisdiction of Incorporation)
001-34364
26-4273474
(Commission File Number)
(IRS Employer Identification No.)
Two
Newton Place, 255
Washington Street, Suite
300, Newton, Massachusetts 02458-1634
(Address of Principal Executive Offices) (Zip Code)
617-219-1440
(Registrant’s
Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares of Beneficial Interest
OPI
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
In this Current Report on Form 8-K (this “Current
Report”), the terms “the Company,” “we,” “us,” and “our” refer to Office Properties
Income Trust.
Item 8.01. Other Events.
On
September 10, 2026, we announced that we priced an offering of $425 million aggregate principal amount of 8.75% Senior Secured
Notes due 2031 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant
to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-United
States persons in compliance with Regulation S under the Securities Act. A copy of the press release announcing the pricing of the offering
is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The offer and sale of the
Notes and the related guarantees have not been and will not be registered under the Securities Act or any state securities laws, and,
unless so registered, the Notes and the related guarantees may not be offered or sold in the United States or to U.S. persons except pursuant
to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities
laws.
Warning Concerning Forward-Looking Statements
This Current Report contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These
statements include statements about the expected closing date of the offering of the Notes and the use of proceeds therefrom. These forward-looking
statements are based upon our present intent, beliefs and expectations, but these statements and the implications of these statements
are not guaranteed to occur and may not occur for various reasons, some of which are beyond our control. The closing of the offering is
subject to various customary conditions and contingencies. If these conditions are not satisfied or the specified contingencies do not
occur, the offering may not close. Further, our current intentions with respect to the use of the net proceeds from the offering to repay
all of the outstanding borrowings under our secured revolving credit facility and our secured term loan is dependent on the closing of
the offering and may not occur.
The information contained
in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors”
in our periodic reports, or incorporated therein, identifies other important factors that could cause differences from our forward-looking
statements. Our filings with the SEC are available on the SEC’s website at www.sec.gov.
You should not place undue
reliance upon any forward-looking statements. Except as required by law, we do not intend to update or change any forward-looking statements
as a result of new information, future events or otherwise.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Exhibit
99.1
Press release, dated September 10, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
OFFICE PROPERTIES
INCOME TRUST
By:
/s/ Brian E. Donley
Name:
Brian E. Donley
Title:
Chief Financial Officer and Treasurer
Dated: September 10, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2625217d1_ex99-1.htm · Sequence: 2
Exhibit
99.1
FOR
IMMEDIATE RELEASE
Office
Properties Income Trust Prices $425 Million of
8.75%
Senior Secured Notes due 2031
Newton,
MA (September 10, 2026): Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced that it has priced
an offering of $425 million aggregate principal amount of 8.75% senior secured notes due 2031 (the “notes”). The notes will
be guaranteed by certain of OPI’s subsidiaries and secured by first-priority liens on 19 office properties and a pledge of the
equity interests of the subsidiary guarantors. The settlement of the offering is expected to occur on September 24, 2026, subject to
the satisfaction of customary closing conditions.
OPI expects to use the net proceeds from the
offering, together with cash on hand, to repay all of the outstanding borrowings under its secured revolving credit facility and its
secured term loan.
The
notes have not and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state
securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration
or an applicable exemption from registration under the Securities Act or any applicable state securities laws. The notes will be sold
only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United
States only to non-U.S. persons in reliance on Regulation S under the Securities Act.
This
press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities
in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.
About
Office Properties Income Trust
OPI
is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States.
As of June 30, 2026, approximately 62% of OPI's revenues were from investment grade rated tenants. OPI owned 122 properties as of June
30, 2026, with approximately 17.1 million square feet located in 29 states and Washington, D.C. OPI is managed by The RMR Group (Nasdaq:
RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of June 30, 2026, and 40
years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton,
MA.
WARNING
REGARDING FORWARD-LOOKING STATEMENTS
This
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other
securities laws. These statements include statements about the expected closing date of the offering of the notes and the use of proceeds
therefrom. These forward-looking statements are based upon OPI’s present intent, beliefs and expectations, but these statements
and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond
OPI’s control. The closing of the offering is subject to various customary conditions and contingencies. If these conditions are
not satisfied or the specified contingencies do not occur, the offering may not close. Further, OPI’s current intentions with respect
to the use of the net proceeds from the offering to repay all of its outstanding borrowings under its secured revolving credit facility
and its secured term loan is dependent on the closing of the offering and may not occur.
The
information contained in OPI’s filings with the Securities and Exchange Commission (“SEC”), including under the caption
“Risk Factors” in OPI’s periodic reports, or incorporated therein, identifies other important factors that could cause
differences from OPI’s forward-looking statements. OPI’s filings with the SEC are available on the SEC’s website at
www.sec.gov.
You
should not place undue reliance upon forward-looking statements.
Except
as required by law, OPI does not intend to update or change any forward-looking statements as a result of new information, future events
or otherwise.
Contact:
Kevin
Barry, Senior Director, Investor Relations
(617)
219-1410
(end)
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