Every 8-K that OFS Capital Corporation (OFS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OFS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OFS filings page.
OFS Capital Corporation (OFS) announced that it will partially redeem its 7.50% Notes due 2028. The company has elected to redeem $20,000,000 in aggregate principal amount of these notes on September 29, 2026, at a redemption price equal to 100% of the principal amount being redeemed, plus accrued and unpaid interest to, but excluding, the Redemption Date.
The notice states that there are $69,000,000 issued and outstanding 7.50% Notes due 2028, of which the $20,000,000 portion will be redeemed. Interest on the redeemed portion will cease to accrue on and after the Redemption Date, and holders’ remaining right in those notes will be to receive the redemption payment upon proper surrender.
OFS Capital Corporation reported that a special meeting of stockholders, originally called on April 2, 2026 and first convened on June 10, 2026, was unable to conduct business due to lack of quorum despite adjournments on June 10, July 1, and July 22, 2026. The meeting had been called to consider authorizing the company, with Board approval, to sell or issue common stock during the next 12 months at prices below its then-current net asset value per share, subject to limitations described in its proxy statement. On August 11, 2026, the Board approved adjourning the 2026 Special Meeting of Stockholders, including the planned August 12, 2026 reconvening, without setting any further date, time, or place. No vote was taken, no business was conducted on the proposal, and the company ceased further solicitation of proxies for this matter.
OFS Capital Corporation reported second-quarter 2026 results for its business development company. Net investment income was $1.0 million, or $0.08 per common share, down from $0.18 in the prior quarter, as total investment income declined to $6.8 million from $8.9 million, mainly on lower interest and non-recurring dividend income.
Net gain on investments was $4.6 million, driven largely by unrealized appreciation of $14.1 million on a common equity holding, partially offset by losses on CLO equity. Earnings per share were $0.42. Net asset value per share rose to $8.41 from $8.16, as investment gains more than offset the $0.17 quarterly distribution and lower net investment income.
Total investments at fair value were $297.8 million and total outstanding debt principal was $185.8 million as of June 30, 2026. Non-accrual loans had a fair value of $21.4 million, or 7.2% of investments. The regulatory asset coverage ratio was 161%, above the 150% minimum. The board declared a third-quarter 2026 distribution of $0.17 per share, payable October 5, 2026.
OFS Capital Corporation reported the results of its 2026 Annual Meeting of Stockholders. Stockholders representing 8,728,411 of 13,398,078 common shares entitled to vote were present in person or by proxy. Two Class II directors, Romita Shetty and Bilal Rashid, were elected to terms ending at the 2029 annual meeting.
Stockholders also ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The filing also notes the continuing terms of the Company’s Class I and Class III directors, whose service extends to 2028 and 2027, respectively.
OFS Capital Corporation reported first-quarter 2026 results showing lower earnings and continued credit losses. Net investment income was $2.5 million, or $0.18 per share, down from $0.20 in the prior quarter, while net loss on investments reached $13.9 million, driving a net decrease in net assets of $11.6 million.
Net asset value per share fell from $9.19 as of December 31, 2025 to $8.16 as of March 31, 2026. Total investments at fair value declined to $308.1 million and total net assets to $109.3 million. The loan portfolio had non-accrual loans with $10.9 million fair value, or 3.5% of total investments.
The investment portfolio’s weighted-average performing income yield decreased from 13.5% to 12.5%, mainly due to lower earned yields on structured finance securities. The board declared a second-quarter 2026 distribution of $0.17 per common share, payable July 6, 2026 to stockholders of record on June 19, 2026. OFS also refinanced its credit facilities, adding an $80.0 million Natixis revolving facility and redeeming remaining 4.75% notes due February 2026.
OFS Capital Corporation amended its senior secured revolving credit facility with Banc of California. The facility continues to fund general corporate purposes, including investment funding, but with eased financial covenants and a smaller maximum size.
The amendment lowers the minimum tangible net asset value covenant from $100.0 million to $75.0 million. It also temporarily reduces the minimum quarterly net investment income after management and incentive fees covenant from $2.0 million to $1.0 million for the quarters ending March 31, 2026, June 30, 2026 and September 30, 2026, after which it reverts to $2.0 million. The company’s maximum commitment under the revolver decreases from $25.0 million to $15.0 million, and the company incurred customary fees and expenses to close the amendment.
OFS Capital Corporation reported weaker fourth quarter 2025 results, with net investment income of $0.20 per share, down from $0.22 in the prior quarter, and a net loss of $0.81 per share driven by investment markdowns.
Net asset value per share fell to $9.19 at December 31, 2025, from $10.17 at September 30, 2025 and $12.85 a year earlier, reflecting net unrealized depreciation, including losses on current non-accrual loans and structured finance securities. Total investments at fair value were $342.0 million and total net assets were $123.2 million.
The investment portfolio remained largely senior and floating rate, with 89% of loans floating rate and 100% first or second lien, and a weighted-average performing income yield of 13.5%. Non-accrual loans had a fair value of $14.4 million, or 4.2% of total investments.
OFS Capital refinanced and extended its debt profile, adding an $80 million Natixis revolving credit facility, extending its Banc of California facility to 2028, and redeeming 4.75% notes due 2026, resulting in no debt maturities until February 2028. The board declared a first quarter 2026 distribution of $0.17 per share, payable March 31, 2026.
OFS Capital Corporation disclosed that its indirect subsidiary OFSCC-FS, LLC entered into a new revolving credit and security agreement with Natixis for a $80,000,000 senior secured credit facility. The Natixis Credit Facility carries interest at Term SOFR for a three‑month period plus a margin of 2.35% during the reinvestment period and 2.95% thereafter, with an additional 2.00% after events of default. The reinvestment period ends on the earlier of February 18, 2029 or specified acceleration events, and all borrowings mature no later than February 18, 2031. The facility is secured by a first‑priority security interest in substantially all assets of the borrower, is limited recourse to that borrower, and is non‑recourse to OFS Capital and its equityholder. In connection with closing the new facility, the borrower fully repaid and terminated its prior BNP Paribas revolving credit facility and related liens were released.
OFS Capital Corporation reported that on January 9, 2026 it amended its Business Loan Agreement with Banc of California, which provides a senior secured revolving credit facility used for general corporate purposes, including funding investments. The amendment extends the facility’s maturity date by two years, from February 28, 2026 to February 28, 2028. The company incurred customary fees, costs and expenses in connection with closing this amendment.
OFS Capital Corporation reported that it is redeeming the remaining balance of its 4.75% Notes due 2026. On February 9, 2026, the company will redeem $16,000,000 in aggregate principal amount of these notes, which represents all notes still outstanding. The redemption price will be 100% of the principal amount plus any accrued and unpaid interest up to, but not including, the redemption date.
OFS Capital Corporation reported that its indirect subsidiary, OFSCC-FS, LLC, entered into a fifth amendment to its revolving credit and security agreement with lenders and BNP Paribas as administrative agent. The BNP credit facility continues to provide for borrowings in an aggregate principal amount up to $80,000,000.
The amendment updates how the portfolio advance rate is calculated by revising the “Portfolio Advance Rate Adjustment” definition to use new percentage tables tied to the Diversity Score for three periods: before the amendment’s effective date, from that date through December 15, 2025, and after December 15, 2025. It also allows the borrower to purchase additional collateral loans during and after the reinvestment period, subject to conditions, and allows the equityholder, with the administrative agent’s consent, to contribute certain eligible collateral loans to the borrower.
OFS Capital Corporation reported that it issued a press release announcing financial results for the quarter ended September 30, 2025. The board also declared a 2025 fourth‑quarter distribution of $0.17 per common share, payable on December 31, 2025 to stockholders of record as of December 19, 2025.
The announcement was furnished under Item 2.02, and the related press release is included as Exhibit 99.1.
OFS Capital Corporation disclosed that its indirect wholly owned subsidiary, OFSCC-FS, LLC, entered into a fourth amendment to its revolving credit and security agreement with a lender group led by BNP Paribas.
The revolving credit facility provides for borrowings in an aggregate principal amount of $80,000,000. The amendment extends the reinvestment period under this credit facility from August 31, 2025 to September 30, 2025, allowing an additional month during which principal collections can be reinvested in new eligible assets under the facility’s terms.
The company states that no other changes were made to the terms of the revolving credit and security agreement, and the full text of the amendment is included as an exhibit to the report.
OFS Capital Corporation, through its indirect wholly owned subsidiary OFSCC-FS, LLC, elected to reduce the maximum amount under its revolving credit and security agreement with BNP Paribas from $150,000,000 to $80,000,000, effective August 22, 2025. This voluntary reduction was made under a provision that allows the borrower to decrease the unused portion of the facility upon notice to the administrative agent. After the change, the BNP Facility continues in full force with $80,000,000 available, subject to a borrowing base, covenants, and the existing reinvestment period, and no other terms of the agreement were modified.
OFS Capital Corporation entered into a private placement to sell an unsecured $25,000,000 note carrying an 8.00% fixed interest rate and maturing on August 8, 2029. The purchase price was $24,250,000 after an offering discount and interest is payable quarterly. The Note ranks pari passu with other unsecured, unsubordinated indebtedness and includes customary affirmative and negative covenants, including maintenance of the company’s status as a business development company and a minimum asset coverage ratio; if breached, the holder may require redemption at 100% of principal plus accrued interest. The Company intends to use net proceeds to partially redeem its 4.75% Notes due 2026. The Note was issued in reliance on Section 4(a)(2) and is not registered under the Securities Act.
OFS Capital Corporation (OFS) filed an 8-K (Item 5.07) detailing results of its 30 Jul 2025 adjourned Special Meeting. Shareholders approved a single proposal authorizing the Board, for the next 12 months, to issue common stock at prices below current net asset value (NAV), provided the cumulative shares sold do not exceed 25 % of outstanding shares immediately before each sale.
The motion passed with 6,757,050 votes FOR, 1,329,304 AGAINST and 262,132 ABSTAIN, meaning 83.6 % support; excluding 3,025,425 affiliated votes, unaffiliated holders cast 3,731,625 FOR. No other items were presented.
The authorization increases capital-raising flexibility, allowing the BDC to fund new investments or reduce leverage even when the market prices the stock below NAV. However, any issuance under this authority would be immediately dilutive to existing shareholders and could pressure per-share NAV and earnings. Investors should monitor forthcoming equity offerings, pricing, and use-of-proceeds disclosures.
OFS Capital Corporation (Nasdaq: OFS) filed an 8-K disclosing that it will partially redeem its 4.75% Notes due 2026. On 21 Aug 2025, the company will retire $69 million of the $125 million principal outstanding—about 55% of the issue. The notes will be repurchased at the greater of (a) 100% of par or (b) a make-whole price equal to the present value of remaining payments discounted at the applicable Treasury rate plus 50 bp; accrued interest will also be paid.
This move removes a meaningful portion of fixed-rate debt carrying a 4.75% coupon, reducing future interest expense and near-term refinancing risk. The filing does not specify the cash source or the exact make-whole premium, but management’s ability to fund a majority redemption signals liquidity strength and balance-sheet flexibility. No other financial metrics or guidance changes were provided.
OFS Capital Corporation (NASDAQ: OFS) has announced a partial redemption of its 4.75% Notes due 2026. According to the Form 8-K filed on July 11, 2025, the company has issued formal notice to redeem $25 million principal amount out of the $125 million outstanding in this debt tranche. The redemption will be executed on August 11, 2025 under the terms of the 2018 Indenture and the Fifth Supplemental Indenture dated February 10, 2021.
The redemption price will be the greater of (i) 100% of the principal of the Notes called or (ii) the make-whole amount—the present value of remaining scheduled principal and interest payments discounted at the applicable Treasury rate plus 50 basis points. Holders will also receive accrued and unpaid interest up to the redemption date.
Once completed, the transaction will retire 20% of the series’ outstanding balance. While the filing does not disclose funding sources or projected interest savings, the reduction in fixed-rate debt could modestly lower ongoing interest expense and improve leverage ratios, provided the company funds the redemption from available liquidity rather than new borrowing.
The notice of redemption is included as Exhibit 99.1 to the filing. No other material events, financial results, or operational updates were reported.
OFS Capital Corporation (Ticker: OFS) filed an 8-K reporting the execution of a Third Amendment to its $150 million revolving credit and security agreement with BNP Paribas and other parties. The amendment, signed on June 18 2025, solely extends the reinvestment period on the BNP Credit Facility from June 20 2025 to August 31 2025. All other key terms—including the $150 million maximum borrowing capacity, collateral administration by Virtus Group LP, and servicing by OFS Capital—remain unchanged.
The short, roughly 10-week extension gives the company’s special-purpose financing subsidiary, OFSCC-FS, LLC, additional time to redeploy principal proceeds from loan repayments into new assets without triggering amortization or repayment requirements. For a business development company, this flexibility can help sustain interest-earning asset levels, preserve net investment income, and avoid potential cash drag.
Because the amendment does not modify the facility size, pricing, covenants, or maturity, the overall capital structure and liquidity profile of OFS Capital are largely unaffected. The filing contains no new financial statements, earnings data, or guidance changes. Investors should view the development as a modestly positive, administrative update that maintains access to an established funding source through at least the end of August 2025.