secwatch.observer — SEC 8-K summary
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Issuer:     OFS Capital Corp (OFS)
CIK:        0001487918
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001487918-23-000103
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487918/000148791823000103/0001487918-23-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487918/000148791823000103/ofs-20231215.htm
  HTML page:      https://secwatch.observer/filing/0001487918-23-000103

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