{"schema_version":"secwatch.filing_event.v1","accession":"0001487918-25-000096","form_type":"8-K","ticker":"OFS","cik":"0001487918","company_name":"OFS Capital Corp","filed_at":"2025-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.097234+00:00","generated_at":"2026-05-17T16:23:47.105042+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"OFS Capital issues $25M unsecured note at 8% due 2029, proceeds to redeem 4.75% Notes due 2026","bullets":["Sold $25M principal unsecured note at $24.25M (discount) to an institutional accredited investor.","Note carries fixed 8.00% interest, payable quarterly, matures August 8, 2029.","Proceeds to partially redeem its 4.75% Notes due 2026.","Note ranks pari passu with existing unsecured unsubordinated debt.","Covenants include BDC status, minimum asset coverage, and dividend restrictions."],"urls":{"canonical":"https://secwatch.observer/filing/0001487918-25-000096","json":"https://secwatch.observer/filing/0001487918-25-000096.json","markdown":"https://secwatch.observer/filing/0001487918-25-000096.md","text":"https://secwatch.observer/filing/0001487918-25-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487918/000148791825000096/0001487918-25-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487918/000148791825000096/ofs-20250808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T16:23:47.105042+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c1e16593ba86dbf8e795d9644724dab3ef8c67a0","claim":"OFS Capital Corp incurred loan of $25,000,000 with an institutional accredited investor at 8.00% maturing August 8, 2029.","evidence_excerpt":"On August 8, 2025, OFS Capital Corporation, a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an institutional accredited investor (the “Purchaser”), pursuant to which the Company sold to the Purchaser in a private placement an unsecured note in an aggregate principal amount of $25,000,000 (the “Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1487918/000148791825000096/0001487918-25-000096-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$25,000,000"},{"label":"Counterparty","value":"an institutional accredited investor"},{"label":"Rate","value":"8.00%"},{"label":"Maturity","value":"August 8, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}