OFS Credit Company Declares Monthly Common Stock Cash Distributions
Series G Preferred Stock Distributions Declared Through July 31, 2025
Common Stock Distributions
The following schedule applies to the common stock (Nasdaq: OCCI) distributions for common stockholders of record on the close of business of each specific record date:
Month |
Record Date |
Payment Date |
Cash Distribution Per Share |
May 2025 |
May 20, 2025 |
May 30, 2025 |
|
June 2025 |
June 20, 2025 |
June 30, 2025 |
|
July 2025 |
July 21, 2025 |
July 31, 2025 |
|
Dividend Reinvestment Plan (“DRIP”) – DRIP Shares Issued at
Common stockholders who participate in our DRIP have the opportunity to receive a
Common stockholders that are interested in participating in our DRIP should contact their broker or financial intermediary.
Additional information about our DRIP and how to participate can be found at https://ir.ofscreditcompany.com/shareholder-services/dividend-reinvestment-plan. We make our website content available for informational purposes only. It should not be relied upon for investment purposes, nor is it incorporated by reference into this press release.
Preferred Stock Issuance and Distributions
On April 1, 2025, we issued through a private placement 1,000,000 shares of our Series G Term Preferred Stock at a price of
The offering was consummated pursuant to the terms of a purchase agreement (the “Purchase Agreement”) dated April 1, 2025 by and between us and the purchaser named therein (the “Purchaser”). The Purchase Agreement provided for the Series G Term Preferred Stock to be issued to the Purchaser in a private placement in reliance on an exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”), provided by Section 4(a)(2) thereof and Regulation D thereunder. We relied upon this exemption from registration based in part on representations made by the Purchaser. The Series G Term Preferred Stock has not been registered under the Securities Act and may not be offered or sold in
The following schedule applies to the Series G Term Preferred Stock distributions for preferred stockholders of record on the close of business of each specific record date:
Month |
Record Date |
Payment Date |
Cash Distribution Per Share |
April 2025 |
April 18, 2025 |
April 30, 2025 |
|
May 2025 |
May 20, 2025 |
May 30, 2025 |
|
June 2025 |
June 20, 2025 |
June 30, 2025 |
|
July 2025 |
July 21, 2025 |
July 31, 2025 |
|
About OFS Credit Company, Inc.
OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in
Forward-Looking Statements
Statements in this press release may constitute “forward-looking statements” regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between
1 Registration does not imply a certain level of skill or training.
OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.
OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250403835682/en/
INVESTOR RELATIONS:
Steve Altebrando
847-734-2085
investorrelations@ofscreditcompany.com
MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com
Source: OFS Credit Company, Inc.