{"schema_version":"secwatch.filing_event.v1","accession":"0001487918-26-000025","form_type":"8-K","ticker":"OFS","cik":"0001487918","company_name":"OFS Capital Corp","filed_at":"2026-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.186215+00:00","generated_at":"2026-05-15T08:36:36.237762+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"OFS Capital amends credit facility: lowers covenants, cuts commitment to $15M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001487918-26-000025","json":"https://secwatch.observer/filing/0001487918-26-000025.json","markdown":"https://secwatch.observer/filing/0001487918-26-000025.md","text":"https://secwatch.observer/filing/0001487918-26-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487918/000148791826000025/0001487918-26-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487918/000148791826000025/ofs-20260327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:36:36.237762+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":"3b3e58c9cc207a8545622694694b8ea74bd67cfb","claim":"OFS Capital Corp amended Secured Revolver Amendment with Banc of California (effective 2026-03-27).","evidence_excerpt":"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”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1487918/000148791826000025/0001487918-26-000025-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Banc of California"},{"label":"Effective","value":"2026-03-27"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}