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  "documentTitle": "Office Properties Income Trust | Mergers and Acquisitions Presentation Deck | 16 slides",
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  "authorName": "Office Properties Income Trust",
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  "presentationDate": "2023-04-01 00:00:00",
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      "text": "Financing Strategy\nOPI has secured commitments for one-year financing (with a one-year extension) for up to $368 million.\nPlan to pursue multiple capital alternatives to avoid use of bridge loan at closing.\nIn connection with the transaction, OPI intends to recast its existing $750 million revolving credit facility.\nSignificant lender overlap and improved scale is expected to allow for recast revolver.\nIncreased liquidity from dividend reset.\nApproximately $60 million in retained capital annually due to dividend reset.",
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      "text": "Accretion & Synergies\nExpected to be accretive to OPI's NFFO and CAD in 2H 2024 and immediately accretive to DHC shareholders.\nLimited integration risk given common management by RMR, with expected annual G&A synergies of $2 million to $3 million.",
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      "text": "($ in millions)",
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      "text": "Cash Sources\nBridge loan facility $368\nBalance sheet cash (estimate) 157\nTotal Sources $525\nCash Uses\nRepayment of DHC credit facility $450\nAcquisition related costs (estimate) 75\nTotal Uses $525",
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      "kind": "title",
      "text": "VALUE CREATION AND SOURCES & USES FOR CLOSING",
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