secwatch.observer — SEC 8-K summary
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Issuer:     OFS Capital Corp (OFS)
CIK:        0001487918
Form:       8-K
Filed at:   2022-06-27T23:59:59+00:00
Accession:  0001487918-22-000054
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OFS Capital amends BNP Credit Facility: extends maturity to 2027, raises margin 0.40%
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- Reinvestment period extended to June 20, 2025; maturity extended to June 20, 2027.
- Benchmark rate changed from LIBOR to Term SOFR; applicable margin increased by 0.40% on all classes.
- Margin floor raised from 1.925% to 2.65%; Moody's industry concentration limits increased to 17.5% and 20%.
- Incurred a 0.60% refinancing structuring fee ($900,000) on the $150M maximum facility amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487918/000148791822000054/0001487918-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487918/000148791822000054/ofscc8-k62422.htm
  HTML page:      https://secwatch.observer/filing/0001487918-22-000054

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