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Stock impact report

Office Properties Income Trust Announces Additional Amendments to Private Exchange Offers Relating to Existing Unsecured Senior Notes [Yahoo! Finance]

Office Properties Income Trust - Common Shares of Beneficial Interest (OPI) 
Last office properties income trust - common shares of beneficial interest earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
announced private exchange offers (as amended, the " Second Amended Exchange Offers ") to exchange its outstanding senior unsecured notes due 2025 (the " Existing 2025 Notes "), 2026 (the " Existing 2026 Notes "), 2027 (the " Existing 2027 Notes ") and 2031 (the " Existing 2031 Notes ", and together with the Existing 2025 Notes, Existing 2026 Notes and the Existing 2027 Notes, the " Existing Notes ") for new 9.000% Senior Secured Notes due 2029 (the " New Notes ") and related guarantees pursuant to the terms and conditions set forth in an offering memorandum, dated as of May 1, 2024, as previously amended by OPI's May 20, 2024 press release. The Second Amended Exchange Offers (1) provide for updated Acceptance Priority Levels and Priority Amounts for Existing Notes and (2) extend the Expiration Time, but otherwise all terms and conditions remain the same as in the offering memorandum, dated as of May 1, 2024, as previously amended by OPI's May 20, 2024 press release (collectively, t Show less Read more
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