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OFS Capital to redeem $20M of 7.50% Notes due 2028 on Sept 29
Redemption of $20M principal of $69M outstanding 7.50% Notes due 2028 (CUSIP 67103B803).
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OFS Capital adjourns special meeting indefinitely; drops below-NAV share issuance proposal
Special meeting called April 2, 2026 to approve selling shares below NAV; no quorum after attempts June 10, July 1, July 22, and Aug 12.
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OFS Capital Q2 NII drops to $0.08/share; NAV rises to $8.41; declares $0.17 dividend
Net investment income per share $0.08, down from $0.18 in Q1; total NII $1.0M vs $2.5M.
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OFS Capital shareholders elect Shetty and Rashid as Class II directors, ratify KPMG as auditor for FY 2026
Romita Shetty elected Class II director with 5,007,172 votes for, 508,940 withheld; 3,212,299 broker non-votes.
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OFS Capital Q1 NII $0.18/sh; NAV falls 11% to $8.16; declares $0.17 dividend
Net investment income of $0.18 per share, down from $0.20 in Q4 2025; net loss on investments $1.03 per share.
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OFS Capital amends credit facility: lowers covenants, cuts commitment to $15M
Minimum tangible net asset value covenant reduced from $100M to $75M.
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OFS Capital posts Q4 net loss of $0.81/share; NAV falls to $9.19; distribution held at $0.17
Net investment income $0.20/share, down from $0.22 in Q3; net loss of $0.81/share includes $1.01 net investment loss.
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OFS Capital enters $80M revolving credit facility with Natixis, maturing 2031
OFSCC-FS, LLC (OFS subsidiary) entered $80M secured revolving credit facility with Natixis as admin agent and Citibank as collateral agent.
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OFS Capital extends senior secured revolver maturity to Feb 2028
Extended maturity of senior secured revolver from Feb 28, 2026 to Feb 28, 2028.
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OFS Capital redeems remaining $16M of 4.75% Notes due 2026 on Feb 9, 2026
Company exercising option to redeem $16,000,000 aggregate principal amount of 4.75% Notes due 2026.
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OFS Capital Corporation partially redeems $15M of 4.75% Notes due 2026
Company will redeem $15M aggregate principal amount of its 4.75% Notes due 2026 on December 30, 2025.
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OFS Capital amends $80M BNP Paribas revolving credit facility, adjusts advance rates
Amended $80M credit facility with BNP Paribas; new advance rate tables based on Diversity Score.
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OFS Capital Q3 NII $0.22/sh, down from $0.25; NAV falls to $10.17; declares $0.17 dividend
Net investment income $0.22 per common share (Q2: $0.25); net loss on investments $0.58/sh resulting in net loss of $0.40/sh.
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OFS Capital extends BNP Credit Facility reinvestment period to Sep 30, 2025
Reinvestment period under $80M BNP Credit Facility extended one month to Sep 30, 2025.
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OFS Capital reduces BNP Facility from $150M to $80M
Effective August 22, 2025, subsidiary OFSCC-FS, LLC reduced facility maximum from $150M to $80M.
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OFS Capital issues $25M unsecured note at 8% due 2029, proceeds to redeem 4.75% Notes due 2026
Sold $25M principal unsecured note at $24.25M (discount) to an institutional accredited investor.
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OFS Capital Q2 NII $0.25/sh, NAV falls to $10.91 from $11.97; declares $0.34 dividend
Net investment income $0.25 per share vs $0.26 prior quarter; net loss on investments $0.97 per share.
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OFS Capital shareholders approve below-NAV stock sales up to 25% of outstanding over 12 months
Proposal to sell common stock below net asset value approved at July 30 special meeting.
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OFS Capital corrects inadvertent error in legal opinion
Error was in Exhibit 5.1 (legal opinion) of the July 23, 2025 8-K.
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OFS Capital issues $69M of 7.50% notes due 2028 to refinance lower-coupon debt
Issued $69 million aggregate principal of 7.50% unsecured notes due July 31, 2028.
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OFS Capital issues $69M of 7.50% notes due 2028 in underwritten offering
$69M aggregate principal (incl. $9M over-allotment) of 7.50% notes due 2028.
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OFS Capital to redeem $69M of its 4.75% Notes due 2026 on Aug 21
Partial redemption of $69M of the $125M outstanding 4.75% Notes due 2026.
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OFS Capital preliminary Q2 NAV per share $10.86-$10.96, down from $11.97
NAV/share midpoint ~$10.91, down 8.9% from $11.97 at March 31, 2025.
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OFS Capital to redeem $25M of its 4.75% Notes due 2026 on Aug 11, 2025
Partial redemption of $25M aggregate principal out of $125M outstanding 4.75% Notes due 2026.
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OFS Capital extends reinvestment period under $150M credit facility to Aug 31, 2025
Borrower OFSCC-FS (wholly owned sub of OFS Capital) amended BNP Paribas credit facility; aggregate principal up to $150M.
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OFS Capital elects Elaine E. Healy as Class I director, ratifies KPMG as auditor
Elaine E. Healy elected Class I director with 5,733,669 votes for, 247,752 withheld; no other nominees.
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OFS Capital Q1 2025 NII $0.26/shr, NAV drops to $11.97; declares $0.34 dividend
NII $0.26/shr (down from $0.30 Q4 2024); net loss on investments $0.80/shr due to unrealized depreciation and realized losses.
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OFS Capital Q4 NII $0.30/sh, NAV $12.85; declares $0.34 Q1 dividend
Net investment income $4.1M ($0.30/sh), up from $0.27/sh in Q3; revenue $11.6M.
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OFS Capital CFO resigns; Kyle Spina named successor effective March 31, 2025
Jeffrey A. Cerny resigned as CFO and Treasurer, effective March 31, 2025; not related to any disagreement with the Company.
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OFS Capital Q3 NII $0.27, NAV drops to $11.29; declares $0.34 dividend
Net investment income $0.27/share ($0.26 in Q2); net loss on investments $0.15/share.
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OFS Capital reports Q2 2024 NII of $0.26 per share, NAV rises to $11.51
Net investment income $0.26 per share vs $0.42 prior quarter; total NII $3.4M.
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OFS Capital stockholders approve below-NAV stock sales up to 25% of outstanding shares
Proposal passed with 6,892,379 For, 1,237,861 Against, 241,057 Abstain.
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OFS Capital reports 2024 annual meeting vote results; directors elected, KPMG ratified
Ashwin Ranganathan and Jeffrey A. Cerny elected Class III directors with 5,854,445 and 5,812,501 votes for, respectively.
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OFS Capital Q1 NII $0.42/share, NAV $11.08, declares $0.34 dividend
Net investment income rose to $0.42 per share vs $0.35 in Q4 2023; total investment income $14.2M.
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OFS Capital Q4 2023 NII $0.35/share, net loss $0.31/share; NAV down to $12.09
Net investment income of $0.35 per share for Q4 2023, down from $0.40 prior quarter.
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OFS Capital extends credit facility maturity to Feb 2026, raises interest rate floor to 5%
Maturity of senior secured revolving credit facility extended from Feb 28, 2024 to Feb 28, 2026.
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OFS Capital Q3 NII rises to $0.40 per share; NAV $12.74; declares $0.34 dividend
Net investment income $0.40 per share (up from $0.38 in Q2); net loss on investments $0.25 per share.
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OFS Capital Q2 NII $0.38/share, distribution raised to $0.34, NAV $12.94
Net investment income $0.38 per share, up from $0.37 last quarter; total investment income $14.5M.
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OFS Capital stockholders approve below-NAV stock sale authority; up to 25% of outstanding
6,886,015 votes for vs. 1,485,606 against; proposal to sell common stock below NAV approved.
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OFS Capital stockholders re-elect two directors and ratify KPMG as auditor
Romita Shetty and Bilal Rashid re-elected as Class II directors for three-year terms expiring at 2026 annual meeting.
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OFS Capital Q1 NII $0.37/share, declares $0.33 quarterly distribution
Net investment income $0.37 per share, up from $0.35 in Q4 2022.
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OFS Capital CAO Ross Teune resigns; Kyle Spina appointed as successor
Ross Teune resigns as Chief Accounting Officer effective April 21, 2023.
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OFS Capital Q4 NII $0.35/share, dividend raised 10% to $0.33
Q4 2022 net investment income $0.35 per share, up from $0.33 in Q3; full year NII $1.37 per share.
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OFS Capital reduces PacWest credit facility to $25M, removes No Net Losses covenant
Maximum borrowing capacity cut from $35M to $25M; unused commitment fee of 0.50% applies on amounts over $15M.
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OFS Capital Q3 NII $0.33/shr, div raised to $0.30; net loss $0.71 on unrealized losses
Net investment income of $4.4M ($0.33/shr); Adjusted NII also $0.33/shr.
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OFS Capital Q2 net loss $0.66/sh; NII $0.47/sh; declares $0.29 dividend
Net investment income of $6.2M ($0.47/sh); adjusted NII of $3.3M ($0.24/sh).
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OFS Capital stockholders approve authority to sell common stock below NAV
Stockholders voted 6,856,958 For vs. 1,357,031 Against to authorize below-NAV share sales.
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OFS Capital amends BNP Credit Facility: extends maturity to 2027, raises margin 0.40%
Reinvestment period extended to June 20, 2025; maturity extended to June 20, 2027.
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OFS Capital elects Elaine Healy as Class I director; ratifies KPMG as auditor
10,156,278 shares voted out of 13,425,429 outstanding at June 8, 2022 annual meeting.
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OFS Capital Q1 2022 NII $0.22/share; quarterly distribution raised to $0.29
Net investment income $3.0M ($0.22/share); Adjusted NII $4.1M ($0.30/share).