{"url_path":"/sec/cik-0001456772/8-k/2026-06-23/item-1-02","section_key":"item-1-02","section_title":"Item 1.02 Termination of a Material Definitive","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-23","source_url":"https://www.sec.gov/Archives/edgar/data/1456772/0001104659-26-076652-index.html","accession_number":"0001104659-26-076652","cik":"0001456772","ticker":null,"issuer_name":"OFFICE PROPERTIES INCOME TRUST","edgar_url":"https://www.sec.gov/Archives/edgar/data/1456772/0001104659-26-076652-index.html","primary_entity_key":"0001456772","primary_entity_name":"OFFICE PROPERTIES INCOME TRUST"},"word_count":429,"has_tables":true,"body_markdown":"**Item 1.02. Termination of a Material Definitive\nAgreement.**\n\n \n\n*DIP Credit Agreement*\n\n \n\nOn the Effective Date, the\nAmended and Restated Secured Debtor-in-Possession Term Loan Credit Agreement (the “**DIP Credit Agreement**”),\nby and among the Company, as borrower, the guarantors party thereto, Acquiom Agency Services LLC, as administrative agent and collateral\nagent (the “**DIP Agent**”), and the lenders from time to time party thereto (the “**DIP Lenders**”),\nwhich provided for a $125 million secured debtor-in-possession term loan facility (the “**DIP Facility**”), was\nterminated in connection with the Company’s emergence from chapter 11 protection.\n\n \n\nOn the Effective Date, the\nclaims by the DIP Lenders or the DIP Agent were allowed in an aggregate amount equal to the outstanding principal amount of the loans\nunder the DIP Facility, plus all accrued and unpaid interest, fees, costs, and other charges through the Effective Date. Claims of the\nDIP Lenders (excluding claims related to DIP fees (“**DIP Fee Claims**”)) were satisfied through the issuance of\nshares of Reorganized Common Equity (the “**DIP Equity Distribution**”) at a conversion price of $12.60 per share.\nDIP Fee Claims (consisting of an anchor capital commitment fee, an exit fee and an upfront fee) were satisfied through (1) in respect\nof the anchor capital commitment fee and exit fee, a distribution of Reorganized Common Equity at a conversion price of $20.00 per share,\nand (2) in respect of the upfront fee, a distribution of Reorganized Common Equity at a conversion price of $12.60 per share.\n\n \n\nAll obligations under the\nDIP Credit Agreement and the DIP Facility have been satisfied, discharged, and terminated in full as of the Effective Date.\n\n \n\n \n\n \n\n*Old Common Shares*\n\n \n\nOn the Effective Date, by\noperation of the Plan, all agreements, instruments, and other documents evidencing the Company’s common shares of beneficial interest,\n$.01 par value per share (the “**Old Common Shares**”), issued and outstanding immediately prior to the Effective\nDate, and any rights of any holder in respect thereof, were deemed cancelled, discharged and of no force or effect.\n\n \n\n*Senior Notes Indentures*\n\n \n\nOn the Effective Date,\nby operation of the Plan, all obligations under each of the Company’s previously outstanding (i) Old 2027 Senior Secured\nNotes, (ii) Old September 2029 Senior Secured Notes, (iii) 2.650% senior unsecured notes due 2026, (iv) 2.400%\nsenior unsecured notes due 2027, (v) the Old 2030 Priority Guaranteed Notes, (vi) 3.450% senior unsecured notes due 2031 and\n(vii) 6.375% senior unsecured notes due 2050 (collectively, the “**Old Senior Notes**”), in each case\nunder the indentures governing the Old Senior Notes with U.S. Bank, National Association or the successor trustee thereto, were\ncancelled."}