OFS Capital amends credit facility: lowers covenants, cuts commitment to $15M

OFS Capital Corp

Minimum tangible net asset value covenant reduced from $100M to $75M.
Minimum quarterly net investment income covenant lowered to $1M for Q1-Q3 2026, then back to $2M.
Maximum credit facility commitment reduced from $25M to $15M.
Amendment executed with Banc of California on March 27, 2026; guarantor OFSCC-MB Inc. reaffirmed its guaranty.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

OFS Capital Corp amended Secured Revolver Amendment with Banc of California (effective 2026-03-27).

Action: amendment
Agreement: credit facility
Counterparty: Banc of California
Effective: 2026-03-27

Exact text from the filing

On March 27, 2026, 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”)

View on SEC.gov

299 material agreements filed in the last 30 days. Browse all material agreements →

OFS Capital Corp filing history →

Source: SEC EDGAR

accession 0001487918-26-000025

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.