Ofs Credit Company Inc Stock Price, News & Analysis

OFS Credit Company (NASDAQ: OCCI) reported its Q2 2025 financial results, showing stable net investment income (NII) of $5.2M but a decrease in NII per share to $0.21 from $0.23. Core net investment income improved to $9.2M ($0.37/share) from $7.5M ($0.34/share). The company's NAV declined to $6.17 from $7.00 per share, primarily due to a $0.71 per share net loss on investments. Total investments reached $252.2M with a 14.04% interest income yield. The company raised $40.4M through stock issuances, including $16.2M from ATM offerings and $24.3M from preferred stock placement. Monthly cash distributions of $0.115 per share were declared, implying a 20.7% annualized yield. The investment portfolio showed a weighted-average effective yield of 14.07% with exposure to 85 issuers.

OFS Credit Company (NASDAQ: OCCI), a firm focused on CLO equity and debt securities investments, has released preliminary financial estimates for Q2 2025. The company projects a net asset value per share between $6.12 and $6.22 and net investment income per share between $0.19 and $0.23 for the quarter ended April 30, 2025. The company reported having $115.9 million in term preferred stock outstanding. Management emphasizes these are unaudited estimates subject to final closing procedures and may change in the official Semi-Annual Report. The company acknowledges potential risks from interest rates, inflation, geopolitical events, banking system instability, and recession risks that could materially impact their portfolio investments and financial condition.

OFS Credit Company (NASDAQ: OCCI), an investment firm focused on CLO equity and debt securities, has released its estimated Net Asset Value (NAV) per share for March 31, 2025. The company projects a NAV range between $6.57 and $6.67 per share.

Management emphasizes that these figures are preliminary estimates that haven't undergone typical quarter-end financial closing procedures. The company cautions that future NAV determinations, including for April 30, 2025, may differ materially from current estimates.

The company acknowledges potential risks that could materially impact their portfolio investments and financial condition, including:

• Interest rate and inflation rate changes
• The ongoing Russia-Ukraine conflict
• U.S. Presidential administration policies
• Banking system instability
• Recession risks
• Potential U.S. government shutdown

OFS Credit Company (NASDAQ: OCCI) has announced monthly cash distributions for both common stock and Series G Preferred Stock through July 31, 2025. The company will distribute $0.115 per common share monthly for May, June, and July 2025.

The company recently issued 1,000,000 shares of Series G Term Preferred Stock through private placement at $24.25 per share, raising approximately $24.25 million. These preferred shares have a $25 liquidation preference and an 8.00% dividend rate, with mandatory redemption on April 1, 2030. Monthly distributions for the preferred stock are set at $0.16666667 per share.

Common stockholders participating in the Dividend Reinvestment Plan (DRIP) can receive shares at a 5% discount to market price on the distribution payment date.

OFS Credit Company (NASDAQ: OCCI), specializing in CLO equity and debt securities investments, has released its estimated Net Asset Value (NAV) per share for February 28, 2025. Management projects the NAV to range between $6.75 and $6.85 per common stock share.

The company emphasizes that these figures are preliminary estimates that haven't undergone typical quarter-end financial closing procedures. The final NAV determination for the period ending April 30, 2025, to be reported in their Semi-Annual Report on Form N-CSRS, may differ significantly.

The company acknowledges potential material impacts on their portfolio investments and financial condition from various risk factors, including:

• Interest and inflation rate changes
• The ongoing Russia-Ukraine conflict
• U.S. Presidential administration policies
• Banking system instability
• Recession risks
• Potential U.S. government shutdown

OFS Credit Company (Nasdaq: OCCI), an investment company focused on CLO equity and debt securities, has released its estimated Net Asset Value (NAV) per share for January 31, 2025. Management estimates the NAV to be between $6.95 and $7.05 per share.

The company notes that this is a preliminary estimate that hasn't undergone typical quarter-end financial closing procedures. The final NAV determination, to be reported in their Form N-PORT, may differ from this estimate. The company acknowledges potential impacts on their portfolio from various factors, including interest rate changes, inflation, the Russia-Ukraine conflict, U.S. banking system instability, and recession risks.

OFS Credit Company (NASDAQ: OCCI) has announced the appointment of Kyle Spina as Chief Financial Officer and Treasurer, effective March 31, 2025. Spina, who has served as Chief Accounting Officer since April 2023, will succeed Jeff Cerny, who is retiring from his CFO position but will remain on the Board of Directors.

Spina brings over 15 years of experience in public and private accounting. He joined OFS Capital Management in April 2021 as Vice President and Controller of Fund Accounting and Reporting. His previous roles include Assistant Controller at Thoma Bravo, LP and Controller at Fidus Investment He began his career in public accounting at BDO as an Audit Manager.

The incoming CFO holds a Bachelor of Science degree in Accounting and Management from Purdue University and has been a Certified Public Accountant since 2010. The company, which primarily invests in CLO equity and debt securities, emphasized Spina's deep understanding of the company and industry.

OFS Credit Company (Nasdaq: OCCI), an investment company focused on CLO equity and debt securities, has released its estimated Net Asset Value (NAV) per share for December 31, 2024. Management estimates the NAV to be between $6.98 and $7.08 per share.

The company emphasizes that this estimate is preliminary and has not undergone typical quarter-end financial closing procedures. The actual NAV could differ materially from these estimates, particularly for the period ending January 31, 2025. The company acknowledges potential impacts on its portfolio from various factors, including interest rate changes, inflation, geopolitical conflicts in Ukraine and the Middle East, U.S. banking system instability, and recession risks.

OFS Credit Company (NASDAQ: OCCI) has released its estimated net asset value (NAV) per share for November 30, 2024. The company, which primarily invests in CLO equity and debt securities, estimates its NAV per share to be between $7.03 and $7.13.

The company notes that this estimate is preliminary and has not undergone typical quarter-end financial closing procedures. Management cautions that future NAV estimates may differ materially, particularly for the period ending January 31, 2025. The company acknowledges potential impacts from various factors including interest rates, inflation, geopolitical conflicts, banking system instability, and recession risks.