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OFS Credit plans to redeem 6.6% series B term preferreds due 2023
By Mary-Katherine Stinson
Lexington, Ky., Oct. 5 – OFS Credit Co., Inc. plans to early redeem its 6.6% series B term preferred stock due 2023, according to an N-23C-2 filing with the Securities and Exchange Commission.
The shares will be redeemed Nov. 19.
The company will redeem all 120,000 $25-par shares at par plus unpaid dividends.
Dividends on the series B preferreds to be redeemed will cease to accumulate from and after the redemption date.
OFS is a Chicago-based non-diversified, closed-end management investment company.
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