CHICAGO--(BUSINESS WIRE)--Oct. 25, 2018-- OFS Capital Corporation (NASDAQ:OFS) (“OFS Capital”), a business development company, announced that its 6.50% notes due 2025 (the “Notes”) will begin trading today on the Nasdaq Global Select Market under the symbol “OFSSZ”. On October 16, 2018, OFS Capital issued $46,025,000 aggregate principal amount of the Notes, which included a partial exercise of the underwriters’ over-allotment option. OFS Capital may issue up to an additional $4,000,000 in aggregate principal amount of the Notes, pursuant to the underwriters’ overallotment option, on or before November 10, 2018.
ABOUT OFS CAPITAL
OFS Capital is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company. OFS Capital’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. OFS Capital invests primarily in privately held middle-market companies in the United States, including lower-middle-market companies, targeting investments of $3 to $20 million in companies with annual EBITDA between $3 million and $50 million. OFS Capital offers flexible solutions through a variety of asset classes including senior secured loans, which includes first-lien, second-lien and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants and other equity securities. OFS Capital’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 1940 and headquartered in Chicago, Illinois, with additional offices in New York and Los Angeles.
Source: OFS Capital Corporation
OFS Capital Corporation
Steve Altebrando, 646-652-8473