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Stock impact report

OFS Credit Company Executes Master Repurchase Agreement [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
Credit", the "Company", "we", "us" or "our"), today announced that it has entered into a Master Repurchase Agreement ("MRA") with Nomura Securities International, Inc. ("Nomura") for the purchase and sale of collateralized loan obligation ("CLO") securities that may be effected pursuant to transaction confirmations entered into under the MRA (the "Repurchase Facility"). The Repurchase Facility provides for Nomura to purchase CLO securities from OFS Credit pursuant to a purchase price agreed upon in a related transaction confirmation (each, a "Repo Transaction"). OFS Credit is authorized to enter into up to $25 million in Repo Transactions, from time to time, under the Repurchase Facility. At the end of the term of each Repo Transaction, OFS Credit is obligated to repurchase the related CLO securities from Nomura, and Nomura is obligated to sell those CLO securities to OFS Credit, for an amount equal to the original purchase price plus a price differential calculated at a predetermin Show less Read more
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