Ofs Capital Corp 5.95% Notes Due 2026
OFSSI
NASDAQ Global Select25.09
USD
+0.01
- -
CIK
0001487918
ISIN
US67103B5066
CUSIP
67103B506
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
29.26
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Bilal Rashid
- Full Time Employees
- 51
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10 South Wacker Drive Chicago IL United States of America 60606
- IPO Date
- Oct 16, 2019
- CIK
- 0001487918
- Website
- ofscapital.com
- Similar Companies
- Business
- OFS Capital Corp OFS Capital Corporation 5.95% Notes Due 2026 (OFSSI) represent unsecured senior notes issued by OFS Capital Corporation , an externally managed, closed-end, non-diversified business development company that elects regulation under the Investment Company Act of 1940 and focuses on generating current income and capital appreciation for stockholders primarily through debt investments in privately held U.S. middle-market companies with enterprise values typically between $50 million and $500 million and EBITDA of $5 million to $50 million. The company, founded in 2012 and headquartered in Chicago, Illinois, with additional offices in New York and Los Angeles, provides flexible financing solutions including senior secured loans such as first-lien, second-lien, and unitranche loans comprising approximately 88% and 12% respectively of its debt portfolio; subordinated loans; structured finance securities; and to a lesser extent, equity securities like common stock, preferred stock, warrants, and minority equity co-investments, with investment sizes ranging from $3 million to $35 million per transaction often alongside co-investment partners. OFS Capital targets industries including specialty finance and business services, supporting corporate initiatives such as buyouts, acquisitions, recapitalizations, liquidity events, and growth capital through its adviser OFS Capital Management, LLC, which brings over 25 years of average senior management experience in direct lending, commercial banking, and private equity. Geographically, operations concentrate on U.S. middle-market borrowers, with a portfolio as of September 30, 2025, totaling $370.2 million at fair value including $205.6 million in debt investments, $98.4 million in equity, and $66.2 million in structured finance securities, yielding a weighted-average performing income rate of 13.3% on interest-bearing investments. Recent developments include the July 2025 public offering of $69.0 million 7.50% unsecured notes due July 2028; the August 2025 private placement of $25.0 million 8.00% unsecured notes due August 2029; the redemption of $94.0 million 4.75% unsecured notes due February 2026 in a leverage-neutral refinancing that elevated the weighted-average debt cost to 6.67%; portfolio adjustments such as placing one loan on non-accrual status while restructuring another with $1.5 million moved to accrual and non-accrual loans at 6.2% of total investments; the expiration of the BNP Paribas credit facility reinvestment period on September 30, 2025 with maturity in June 2027; and a Q3 2025 distribution declaration of $0.17 per common share payable December 31, 2025 alongside a net asset value decline to $10.17 per share.
OFS Capital (OFS) CEO Bilal Rashid on Q2 2020 Results - Earnings Call Transcript
Forget About Juicy Dividend Yields