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Stock impact report

OFS Capital Corporation Prices Public Offering of $43,500,000 6.50% Notes Due 2025

OFS Capital Corporation - Closed End Fund (OFS) 
Last ofs capital corporation - closed end fund earnings: 3/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.ofscapitalcorp.com
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)-- OFS Capital Corporation (the “Company”) (Nasdaq:OFS) announced today that it has priced a registered public offering of $43,500,000 aggregate principal amount of its 6.50% notes due 2025 (the “Notes”) which will result in net proceeds to the Company of approximately $41,790,625 (or approximately $48,111,719 if the underwriters fully exercise the overallotment option described below) based on a public offering price of 100% of the aggregate principal amount of the Notes, after deducting payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Notes will mature on October 31, 2025 and may be redeemed in whole or in part at any time, or from time to time, at the Company’s option on or after October 31, 2020. The Notes will bear interest at a rate of 6.50% per year, payable quarterly on January 31, April 30, July 31 and October 3 Show less Read more
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