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$325 Million Revolving Credit Facility and $100 Million Term Loan Replace Prior $750 Million Unsecured Revolving Facility
Office Properties Income Trust (NASDAQ:OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities. The maturity date of the Facilities is January 29, 2027. OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions.
Posted In: OPI
