secwatch.observer — SEC 8-K summary
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Issuer:     OFS Capital Corp (OFS)
CIK:        0001487918
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001487918-26-000025
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487918/000148791826000025/0001487918-26-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487918/000148791826000025/ofs-20260327.htm
  HTML page:      https://secwatch.observer/filing/0001487918-26-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer