Office Properties Income Trust, founded in 2009 and headquartered in Newton, Massachusetts, is a real estate investment trust (REIT) focused on owning and leasing high-quality office properties primarily to government tenants. The company specializes in providing long-term leases to federal, state, and local government entities, which enhances rental revenue stability and contributes to its portfolio diversification.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OPI 2.40% 2027-02-01 USDOffice Properties Income Trust | United States | 2027-02-01 | 2.400 | 148.62 |
| OPI 2.65% 2026-06-15 USDOffice Properties Income Trust | United States | 2026-06-15 | 2.650 | 328.02 |
| OPI 3.45% 2031-10-15 USDOffice Properties Income Trust | United States | 2031-10-15 | 3.450 | 35.18 |
| OPI 9.00% 2029-03-31 USDOffice Properties Income Trust | United States | 2029-03-31 | 9.000 | 8.74 |
| OPI 9.00% 2029-03-31 USDOffice Properties Income Trust | United States | 2029-03-31 | 9.000 | 8.77 |
| OPI 9.00% 2029-09-30 USDOffice Properties Income Trust | United States | 2029-09-30 | 9.000 | 20.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Office Properties Income Trust has been actively participating in the bond market to finance its acquisitions and operations, initiating bond issuance in 2015. Notably, the company raised $300 million in a 10-year bond in 2020, aimed at refinancing existing debt and supporting its growth strategy. As of October 2023, its corporate bond yields remain competitive against industry averages, with features like call options allowing management flexibility. Recent updates indicate an ongoing commitment to maintaining a strong balance sheet while seizing strategic investment opportunities in the government-leased office sector.