OFS Capital plans to sell $100 million of five-year fixed-rate notes

By Devika Patel

Knoxville, Tenn., Feb. 5 – OFS Capital Corp. plans to price $100 million of five-year fixed-rate senior notes (Egan Jones: BBB) on Friday, according to a 497AD filed with the Securities and Exchange Commission.

The SEC-registered notes feature a make-whole call until three months prior to maturity and then a par call.

Goldman Sachs & Co. LLC and Truist Securities Inc. are the bookrunners.

Proceeds will be to pay down, retire or redeem debt, which may include the company’s 6.5% notes due 2025, its 6.375% notes due 2025 and/or the borrowings under its secured revolving credit facility with BNP Paribas.

OFS is a Chicago-based non-diversified management investment company.

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