secwatch.observer — SEC 8-K summary
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Issuer:     OFS Capital Corp (OFS)
CIK:        0001487918
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001487918-25-000096
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OFS Capital issues $25M unsecured note at 8% due 2029, proceeds to redeem 4.75% Notes due 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487918/000148791825000096/0001487918-25-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487918/000148791825000096/ofs-20250808.htm
  HTML page:      https://secwatch.observer/filing/0001487918-25-000096

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