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 (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 launched an underwritten public offering of unsecured notes; pricing, coupon and maturity will be set at closing. The Company has applied to list the notes on the Nasdaq Global Select Market under ticker “OFSSO”, with trading targeted to begin within 30 days of issuance.
Use of proceeds: net funds are earmarked to partially redeem the Company’s outstanding $125 million 4.75% notes due 2026. OFS has already notified holders that it will repurchase $25 million of these 2026 notes on 11 Aug 2025, paying accrued interest plus any make-whole premium.
Lucid Capital Markets, LLC and Goldman Sachs & Co. LLC are joint lead book-running managers. A shelf registration statement is effective, and the offer will be made solely by the prospectus and prospectus supplement filed on 16 Jul 2025.
The transaction, if completed, will extend the Company’s debt maturity profile and may affect future interest expense; however, specific terms, sizing and timing remain subject to market conditions.
OFS Capital Corporation (Nasdaq: OFS) has launched an underwritten public offering of unsecured notes; pricing, coupon and maturity will be set at closing. The Company has applied to list the notes on the Nasdaq Global Select Market under ticker “OFSSO”, with trading targeted to begin within 30 days of issuance.
Use of proceeds: net funds are earmarked to partially redeem the Company’s outstanding $125 million 4.75% notes due 2026. OFS has already notified holders that it will repurchase $25 million of these 2026 notes on 11 Aug 2025, paying accrued interest plus any make-whole premium.
Lucid Capital Markets, LLC and Goldman Sachs & Co. LLC are joint lead book-running managers. A shelf registration statement is effective, and the offer will be made solely by the prospectus and prospectus supplement filed on 16 Jul 2025.
The transaction, if completed, will extend the Company’s debt maturity profile and may affect future interest expense; however, specific terms, sizing and timing remain subject to market conditions.
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 (NASDAQ:OFS) filed DEFA14A proxy materials regarding an adjourned Special Meeting of Stockholders. The meeting has been postponed to July 9, 2025, at 10:00 a.m. to allow shareholders additional time to vote on an unspecified important proposal. The company is actively reaching out to shareholders through D.F. King, their proxy solicitor, to ensure participation. Chairman and CEO Bilal Rashid signed the communication urging shareholders to contact D.F. King at (800) 431-9643 during business hours for voting instructions.
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.