- CEO
- Bilal Rashid
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10 South Wacker Drive Chicago IL United States of America 60606
- IPO Date
- Oct 10, 2018
- Business
- OFS Credit Company, Inc. is a non-diversified, externally managed closed-end management investment company primarily engaged in generating current income and capital appreciation through investments in collateralized loan obligation (CLO) equity and debt securities. The company’s core products and services include investments in floating rate credit instruments and other structured credit investments such as CLO debt and subordinated securities, leveraged loans, high yield bonds, and opportunistic credit investments including stressed and distressed credit situations. It manages a diversified portfolio focused mainly on senior secured loans, unitranche facilities, and junior secured debt, targeting middle-market businesses across various industries primarily in the United States.
The company is actively managed by OFS Capital Management, LLC, with headquarters in Chicago and additional offices in New York and Los Angeles. Founded in 2016, OFS Credit Company serves investors seeking income-oriented investment opportunities with a significant dividend yield. Recently, the company executed a Master Repurchase Agreement with Nomura Securities International, authorizing up to $25 million in repurchase transactions involving CLO securities. This strategic move aims to enhance liquidity management and portfolio flexibility. Additionally, it continues to declare monthly common stock cash distributions to shareholders, highlighting its commitment to providing stable income streams. The company’s operations and financial results are subject to market factors including interest rates, inflation, geopolitical risks, and economic conditions.
OFS Credit Company’s latest strategic developments emphasize broadening its financial management capabilities while maintaining focus on CLO-related investments. This includes disciplined portfolio management and growth in net asset value (NAV) per share. The company targets institutional investors and income-focused shareholders across the U.S., leveraging a specialized credit investment approach designed to capitalize on structured credit markets while mitigating risk through active management and diversified holdings. The combination of strategic partnerships, recent financial agreements, and a stable dividend policy positions the company as a leading player in the structured credit investment space.
Overall, OFS Credit Company offers a comprehensive suite of credit investment products including CLO equity and debt securities, leveraged loans, and high yield bonds, supported by a sophisticated asset management platform and strategic capital market arrangements to optimize shareholder returns. Its emphasis on middle-market lending and structured credit solutions reflects an integrated approach to credit investment, addressing both income generation and capital appreciation objectives.
This description reflects the company’s current products, services, geographic focus, management structure, key recent business developments including the Master Repurchase Agreement with Nomura, and its strategic industry positioning as of late 2025.