OFS Credit Company Provides January 2025 Net Asset Value Update
OFS Credit Company (Nasdaq: OCCI), an investment company focused on CLO equity and debt securities, has released its estimated Net Asset Value (NAV) per share for January 31, 2025. Management estimates the NAV to be between $6.95 and $7.05 per share.
The company notes that this is a preliminary estimate that hasn't undergone typical quarter-end financial closing procedures. The final NAV determination, to be reported in their Form N-PORT, may differ from this estimate. The company acknowledges potential impacts on their portfolio from various factors, including interest rate changes, inflation, the Russia-Ukraine conflict, U.S. banking system instability, and recession risks.
OFS Credit Company (Nasdaq: OCCI), una società di investimento focalizzata su titoli di debito ed equity di CLO, ha rilasciato la sua stima del Valore Netto degli Attivi (NAV) per azione al 31 gennaio 2025. La direzione stima che il NAV si attesti tra $6,95 e $7,05 per azione.
La società osserva che si tratta di una stima preliminare che non ha subito le consuete procedure di chiusura finanziaria di fine trimestre. La determinazione finale del NAV, che sarà riportata nel loro modulo N-PORT, potrebbe differire da questa stima. L'azienda riconosce i potenziali impatti sul proprio portafoglio derivanti da vari fattori, tra cui cambiamenti nei tassi di interesse, inflazione, il conflitto Russia-Ucraina, instabilità del sistema bancario statunitense e rischi di recessione.
OFS Credit Company (Nasdaq: OCCI), una empresa de inversión centrada en valores de deuda y capital de CLO, ha publicado su estimación del Valor Neto de los Activos (NAV) por acción para el 31 de enero de 2025. La dirección estima que el NAV estará entre $6.95 y $7.05 por acción.
La empresa señala que esta es una estimación preliminar que no ha pasado por los procedimientos típicos de cierre financiero de fin de trimestre. La determinación final del NAV, que se informará en su formulario N-PORT, puede diferir de esta estimación. La empresa reconoce los posibles impactos en su cartera debido a diversos factores, incluidos cambios en las tasas de interés, inflación, el conflicto entre Rusia y Ucrania, inestabilidad en el sistema bancario de EE. UU. y riesgos de recesión.
OFS 크레딧 컴퍼니(Nasdaq: OCCI)는 CLO 주식 및 채무 증권에 중점을 둔 투자 회사로, 2025년 1월 31일 기준 주당 예상 순자산가치(NAV)를 발표했습니다. 경영진은 NAV가 주당 $6.95에서 $7.05 사이일 것으로 추정하고 있습니다.
회사는 이것이 전형적인 분기 말 재무 마감 절차를 거치지 않은 초기 추정치라고 언급합니다. 최종 NAV 결정은 그들의 N-PORT 양식에 보고될 예정이며, 이 추정치와 차이가 있을 수 있습니다. 회사는 금리 변화, 인플레이션, 러시아-우크라이나 갈등, 미국 은행 시스템의 불안정성 및 경기 침체 위험 등 다양한 요인으로 인해 포트폴리오에 미칠 수 있는 잠재적 영향을 인식하고 있습니다.
OFS Credit Company (Nasdaq: OCCI), une société d'investissement axée sur les titres de créance et de capital CLO, a publié son estimation de la Valeur Nette des Actifs (NAV) par action au 31 janvier 2025. La direction estime que la NAV se situe entre 6,95 $ et 7,05 $ par action.
La société note qu'il s'agit d'une estimation préliminaire qui n'a pas subi les procédures de clôture financière habituelles de fin de trimestre. La détermination finale de la NAV, qui sera rapportée dans leur formulaire N-PORT, pourrait différer de cette estimation. L'entreprise reconnaît les impacts potentiels sur son portefeuille en raison de divers facteurs, y compris les changements de taux d'intérêt, l'inflation, le conflit Russie-Ukraine, l'instabilité du système bancaire américain et les risques de récession.
OFS Credit Company (Nasdaq: OCCI), ein auf CLO-Eigenkapital und -Schuldverschreibungen fokussiertes Investmentunternehmen, hat seinen geschätzten Nettoinventarwert (NAV) pro Aktie zum 31. Januar 2025 veröffentlicht. Das Management schätzt, dass der NAV zwischen $6,95 und $7,05 pro Aktie liegen wird.
Das Unternehmen weist darauf hin, dass es sich hierbei um eine vorläufige Schätzung handelt, die nicht den typischen Abschlussverfahren zum Quartalsende unterzogen wurde. Die endgültige NAV-Bestimmung, die in ihrem Formular N-PORT berichtet wird, kann von dieser Schätzung abweichen. Das Unternehmen erkennt potenzielle Auswirkungen auf sein Portfolio aufgrund verschiedener Faktoren an, einschließlich Zinssatzänderungen, Inflation, dem Konflikt zwischen Russland und der Ukraine, Instabilität im US-Bankensystem und Rezessionsrisiken.
- Maintained relatively stable NAV estimate between $6.95-$7.05 per share
- NAV estimate is preliminary and subject to change
- Portfolio faces multiple risk factors including interest rates, inflation, and banking system instability
- Potential material adverse impact on future net investment income and portfolio value
Insights
The January 2025 NAV update from OFS Credit Company presents several critical insights for investors. The estimated NAV range of
The CLO market's sensitivity to interest rate movements and credit conditions makes this NAV update particularly significant. CLO equity positions, which form a substantial part of OCCI's portfolio, are inherently volatile due to their first-loss position in the CLO structure. The unaudited nature of these estimates and the exclusion of typical quarter-end financial closing procedures introduce an additional layer of uncertainty that investors should consider.
Several key risk factors warrant attention:
- The potential impact of interest rate and inflation rate changes on CLO equity returns
- Geopolitical tensions affecting credit markets and default rates
- Banking system stability concerns that could influence loan market dynamics
- Recession risks that might affect underlying loan portfolio performance
The gap between the current market price and NAV estimate raises questions about the sustainability of the premium valuation, particularly given the complex macroeconomic environment. Investors should note that CLO equity valuations can experience significant volatility, and monthly NAV updates, while informative, represent point-in-time estimates that may not fully capture rapidly evolving market conditions.
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Management’s unaudited estimate of the range of our NAV per share of our common stock as of January 31, 2025 is between
$6.95 $7.05
Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after January 31, 2025 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by interest rate and inflation rate changes, the ongoing war between
The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto.
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 regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects may constitute forward-looking statements. 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.
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INVESTOR RELATIONS:
OFS Credit Company, Inc.
Steve Altebrando
847-734-2085
investorrelations@ofscreditcompany.com
MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com
Source: OFS Credit Company, Inc.
FAQ
What is OCCI's estimated NAV range for January 31, 2025?
What are the main risk factors affecting OCCI's portfolio in 2025?
Is OCCI's January 2025 NAV estimate final?
What types of securities does OCCI primarily invest in?
