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OFS Credit plans to redeem 6.875% series A term preferreds due 2024
Chicago, Nov. 10 – OFS Credit Co., Inc. plans to early redeem its 6.875% series A term preferred stock due 2024 (Cusip: 67111Q206), according to an N-23C-2 filing with the Securities and Exchange Commission.
The shares will be redeemed between Dec. 10 and Dec. 25.
The redemption depends on the company’s successful completion of a public offering of securities.
If the issue is redeemed, the company will redeem all 852,660 $25-par shares at par plus unpaid dividends.
OFS is a Chicago-based non-diversified, closed-end management investment company.
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