Office Properties Income Trust (NASDAQ:OPI) Q3 2023 Earnings Call Transcript

Brian Donley : Yes. It’s a great question. I mean, the secured revolver is definitely something that could be on the table as we look forward. Our unencumbered asset ratios over 200% today. And the minimum is 150% under our bond indentures. So if we do put collateral against the new facility, again, that’s one possible outcome. Obviously, that will put a little bit of pressure on that, but we have plenty of cushion to deal with in size the revolver appropriately. So again, I can’t really get into specifics given where we are in discussions. So I’m just going to leave it at that for now.

Tamim Sarwary: Got it. Thank you guys.

Brian Donley : Thank you.

Operator: We have no further questions. This concludes the question-and-answer session. I would now like to turn the conference back over to Chris Bilotto for any closing remarks.

Chris Bilotto : Yes. Thank you for joining the call today. We look forward to seeing many of you at NAREIT in the upcoming weeks.

Operator: The conference is now concluded. Thank you for attending today’s presentation. You may all now disconnect.