- OPI, a REIT that focuses on office space, didn’t make coupons on its 9% senior secured
notes due in 2029 and the 3.25% senior securednotes due in 2027 - The company also has more than $275 million of debt maturing in 2026, with cash and cash equivalents of $78.2 million and its revolver fully drawn, according to S&P analysts
- “Given its weak liquidity position and debt obligations, we do not expect OPI to make interest payments within the ...
- “Given its weak liquidity position and debt obligations, we do not expect OPI to make interest payments within the ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.