Transaction Information
OFS Credit Company, Inc. (the "Company") (Nasdaq: OCCI, OCCIN, OCCIO) announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 (the "Preferred Stock") at a public offering price of $25.00 per share, raising $26.0 million in gross proceeds.
The Company has applied to list the Preferred Stock on the Nasdaq Capital Market under the trading symbol "OCCIM". The Company expects the Preferred Stock to begin trading within 30 days from the original issue date.
Ladenburg Thalmann is acting as co-manager for the Offering.
About OFS Credit Company, Inc.
The Company 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 it seeks to achieve primarily through investments in collateralized loan obligation equity and debt securities. For more information, please visit https://ofscreditcompany.com.
The information and material presented is provided for informational purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or buy any securities mentioned herein.