Every 8-K that OFS Capital Corporation 7.50% Notes due 2028 (OFSSO) 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 OFSSO 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 OFSSO 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 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.