---
schema_version: "secwatch.filing_event.v1"
accession: "0001487918-23-000103"
form_type: "8-K"
ticker: "OFS"
cik: "0001487918"
company_name: "OFS Capital Corp"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T11:50:09.486737+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OFS Capital extends credit facility maturity to Feb 2026, raises interest rate floor to 5%

## Summary
- Maturity of senior secured revolving credit facility extended from Feb 28, 2024 to Feb 28, 2026.
- Interest rate floor increased from 4.00% to 5.00% per annum.
- Quarterly unused line fee eliminated; replaced with 0.50% annual commitment fee.
- Committed commitment fee of $125,000 plus customary legal and documentation fees.
- Lender is Banc of California; amendment executed December 15, 2023.

## SEC filing metadata
- accession: 0001487918-23-000103
- form_type: 8-K
- ticker: OFS
- cik: 0001487918
- company_name: OFS Capital Corp
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487918/000148791823000103/0001487918-23-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487918/000148791823000103/ofs-20231215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001487918-23-000103
- JSON: https://secwatch.observer/filing/0001487918-23-000103.json
- Plain text: https://secwatch.observer/filing/0001487918-23-000103.txt

## Key facts
- Material Agreements
  OFS Capital Corp amended Business Loan Agreement with Banc of California (formerly known as Pacific Western Bank) valued at Amendment extends maturity from February 28, 2024 to February 28, 2026; increases interest rate floo (effective 2023-12-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Banc of California (formerly known as Pacific Western Bank)
  - Value: Amendment extends maturity from February 28, 2024 to February 28, 2026; increases interest rate floo
  - Effective: 2023-12-15
  source text: On December 15, 2023, OFS Capital Corporation, a Delaware corporation (the “Company”), executed an amendment (the “Secured Revolver Amendment”) to its Business Loan Agreement with Banc of California (formerly known as Pacific Western Bank), as lender (“Banc of California”), pursuant to which Banc of California provides the Company with a senior secured revolving credit facility for general corporate purposes including investment funding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487918/000148791823000103/0001487918-23-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.