OFS Capital Corporation Announces Closing of Public Offering of $47,500,000 of Seven Year 6.375% Notes Due 2025
The Notes will mature on
The Company has submitted an application for the Notes to be listed and trade on The Nasdaq Global Select Market under the trading symbol “OFSL”. If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date.
The Company intends to use the net proceeds of the offering to fund
investments in debt and equity securities in accordance with its
investment objective and for other general corporate purposes. The
Company also intends to use a portion of the net proceeds from the
offering to repay outstanding indebtedness under its revolving credit
facility. As of
Investors are advised to carefully consider the investment objective,
risks and charges and expenses of the Company before investing. The
prospectus supplement, dated
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
A shelf registration statement relating to these securities is on
file with and has been declared effective by the
About
The Company is an externally managed, closed-end, non-diversified
management investment company that has elected to be regulated as a
business development company. The Company's investment objective is to
provide stockholders with both current income and capital appreciation
primarily through debt investments and, to a lesser extent, equity
investments. The Company invests primarily in privately held
middle-market companies in
Forward-Looking Statements
Statements included herein may constitute “forward-looking statements”,
which relate to future events or our future operations, performance or
financial condition. Forward-looking statements include statements
regarding our intentions related to the offering discussed in this press
release, including the use of proceeds from the offering. These
statements are not guarantees of future performance, condition or
results and involve a number of risks and uncertainties. Actual results
and outcomes may differ materially from those anticipated in the
forward-looking statements as a result of a variety of factors,
including those described from time to time in our filings with the
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Source:
INVESTOR RELATIONS:
OFS Capital Corporation
Steve Altebrando,
646-652-8473
saltebrando@ofsmanagement.com