Ofs Capital Stock Price, News & Analysis

OFS Capital Corporation (Nasdaq: OFS), a business development company, has scheduled its second quarter 2025 earnings release for Thursday, July 31, 2025, after market close. A conference call will follow on Friday, August 1, 2025, at 10:00 a.m. ET, hosted by Chairman & CEO Bilal Rashid and CFO Kyle Spina.

OFS Capital primarily invests in privately held middle-market U.S. companies, focusing on investments of $3-20 million in companies with annual EBITDA of $5-50 million. The company offers various investment solutions including senior secured loans, subordinated loans, and equity securities, managed by OFS Capital Management, LLC.

OFS Capital Corporation (Nasdaq: OFS) has announced the pricing of a public offering of $60 million in 7.50% notes due 2028. The notes will be sold at 100% of their principal amount, generating net proceeds of approximately $58.5 million, which could increase to $67.32 million if underwriters exercise their overallotment option.

The notes will mature on July 31, 2028, with interest payable quarterly at 7.50% per year starting October 31, 2025. The company plans to use the proceeds to partially redeem its existing 4.75% Notes due 2026, of which $25 million will be redeemed on August 11, 2025. The notes are expected to trade on the Nasdaq Global Select Market under the symbol "OFSSO".

OFS Capital Corporation (Nasdaq: OFS) has announced the commencement of an underwritten offering of unsecured notes. The company plans to list these Notes on The Nasdaq Global Select Market under the symbol "OFSSO". The proceeds will be used to partially redeem its 4.75% Notes due 2026.

On August 11, 2025, OFS Capital will redeem $25.0 million of its existing 4.75% Notes due 2026, of which approximately $125.0 million is currently outstanding. Lucid Capital Markets, LLC and Goldman Sachs & Co. LLC are serving as joint lead book-running managers for the offering.

OFS Capital Corporation (NASDAQ: OFS) has released preliminary financial estimates for Q2 2025. The company expects net asset value (NAV) per share between $10.86 and $10.96, down from $11.97 in Q1 2025. Net investment income per share is estimated at $0.23 to $0.27, compared to $0.26 in Q1.

Total debt decreased to $243.4 million from $248.1 million in Q1. The company plans to redeem $25.0 million of its 4.75% unsecured notes due 2026 on August 11, 2025. OFS maintains $10.2 million in cash and unused credit commitments of $111.6 million across two facilities.

OFS Capital Corporation (OFS) reported its Q1 2025 financial results, showing a decline in performance. Net investment income decreased to $0.26 per share from $0.30 in Q4 2024. The company experienced a net loss of $0.80 per share on investments, and net asset value (NAV) fell to $11.97 from $12.85. Total investment income dropped to $10.3 million from $11.6 million, primarily due to lower interest rates and decreased dividend and fee income. The portfolio maintained strong fundamentals with 90% floating rate loans and 100% first and second lien loans. The weighted-average performing income yield decreased to 13.4% from 13.8%. Despite challenges, OFS declared a Q2 2025 dividend of $0.34 per share, maintaining its previous distribution level.

OFS Capital (Nasdaq: OFS) has announced it will release its first quarter 2025 financial results after market close on Thursday, May 1, 2025. A conference call is scheduled for Friday, May 2, 2025, at 10:00 a.m. Eastern Time, hosted by Chairman & CEO Bilal Rashid and CFO Kyle Spina.

OFS Capital is a business development company focusing on privately held middle-market U.S. companies, particularly lower-middle-market firms. The company targets investments of $3 million to $20 million in businesses with annual EBITDA between $5 million and $50 million. Their investment strategy includes senior secured loans (first-lien, second-lien, and unitranche), subordinated loans, and equity securities.

OFS Capital (Nasdaq: OFS) reported strong Q4 2024 financial results, with net investment income increasing to $0.30 per share from $0.27 in Q3. The company saw a significant net gain on investments of $1.60 per share, primarily due to net unrealized appreciation of $1.79 per share.

Net asset value per share improved to $12.85 from $11.29 quarter-over-quarter. The investment portfolio, valued at $409.7 million, showed a 13.8% weighted-average performing income yield. The portfolio composition includes 91% floating rate loans, with 100% in first and second lien loans.

The Board declared a Q1 2025 distribution of $0.34 per share, payable March 31, 2025. During Q4, the company purchased $27.4 million of structured finance securities with a weighted-average effective yield of 22.7%.

OFS Capital (Nasdaq: OFS), a business development company, has scheduled its fourth quarter 2024 earnings release for Monday, March 3, 2025, after market close. The company will host a conference call on Tuesday, March 4, 2024, at 10:00 a.m. Eastern Time to discuss financial results and business updates.

OFS Capital primarily invests in privately held middle-market U.S. companies, focusing on businesses with annual EBITDA between $5 million and $50 million. Their investment strategy targets $3 million to $20 million investments, primarily through debt instruments including senior secured loans (first-lien, second-lien, and unitranche), subordinated loans, and to a lesser extent, warrants and equity securities. The company is managed by OFS Capital Management, , with offices in Chicago, New York, and Los Angeles.

OFS Capital (Nasdaq: OFS) 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 experience includes roles at Thoma Bravo, LP and Fidus Investment , as well as serving as an Audit Manager at BDO.

OFS Capital is a business development company focusing on middle-market investments, typically providing $3 million to $20 million in financing to companies with annual EBITDA between $5 million and $50 million. The company primarily invests in privately held middle-market companies through various debt instruments and, to a lesser extent, equity securities.