OFS Capital Corporation filings document the regulatory disclosures of a business development company investing mainly in debt securities of privately held U.S. middle-market companies. Its 8-K reports furnish quarterly financial results, common-stock distributions, portfolio performance measures, net asset value, non-accrual loan activity, and liquidity developments.
The filing record also covers material financing arrangements, including revolving credit facilities, amendments to secured borrowing agreements, and note redemption activity. Proxy materials disclose annual meeting matters, shareholder voting procedures, board and governance topics, and capital-structure information for the externally managed investment company.
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 filed its Quarterly Report for the period ended September 30, 2025, outlining portfolio holdings, liquidity sources, and recent financing actions. The company lists its common stock (OFS) and two note issuances on the Nasdaq: 4.95% Notes due 2028 (OFSSH) and 7.50% Notes due 2028 (OFSSO).
During the period, OFS issued an Unsecured Note Due August 2029 in the principal amount of $25.0 million at 8.00% via a Securities Purchase Agreement dated August 8, 2025. It also partially redeemed its $125.0 million 4.75% notes due February 10, 2026 on August 11, 2025 and August 21, 2025. Outstanding unsecured notes include $69.0 million of 7.50% notes due July 31, 2028 and $55.0 million of 4.95% notes due October 31, 2028. Liquidity resources disclosed include a Banc of California senior secured revolving credit facility providing borrowings up to $25,000,000 and a BNP facility that provided up to $80,000,000 during its reinvestment period. Shares outstanding were 13,398,078 as of October 28, 2025.
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.