Oct. 31 at 2:48 AM
$OPI
So suspicious.
Why now, of all times? Why file for Chapter 11 just as the free-rent period is ending?
The bonds still had plenty of time before maturity.
They didn’t even attempt asset sales why jump straight to Chapter 11?
Maybe they rushed into bankruptcy now because once the free-rent period ended, the balance sheet would improve and they’d lose any justification for it.
Could it be that
$RMR deliberately let the company go under, since having a new owner through OPI would increase their AUM?