On December 15, 2023, OFS Capital Corporation, a Delaware corporation (the ?Company?), executed an amendment (the ?Secured Revolver Amendment?) to its Business Loan Agreement with Banc of California (formerly known as Pacific Western Bank), as lender (?Banc of California?), pursuant to which Banc of California provides the Company with a senior secured revolving credit facility for general corporate purposes including investment funding. The Secured Revolver Amendment: (i) extends the maturity date from February 28, 2024 to February 28, 2026; (ii) increases the interest rate floor from 4.00% to 5.00%; and (iii) eliminates the 0.50% unused line fee and replaces it with an annual commitment fee of 0.50%. The Company incurred certain customary fees, costs and expenses in connection with the closing of the Secured Revolver Amendment.
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5-day change | 1st Jan Change | ||
9.5 USD | -0.42% | -2.06% | -18.80% |
06/05 | Oppenheimer Lowers Price Target on OFS Capital to $9 From $10, Keeps Perform Rating | MT |
03/05 | Transcript : OFS Capital Corporation, Q1 2024 Earnings Call, May 03, 2024 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-18.80% | 127M | |
+3.84% | 12.64B | |
+12.72% | 9.62B | |
+9.73% | 5.62B | |
-2.85% | 5.43B | |
+8.25% | 5.32B | |
+13.99% | 4.47B | |
+16.48% | 4.43B | |
+1.85% | 4.07B | |
+5.44% | 3.92B |
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