OFS Capital Corporation has announced its decision to exercise the option for a partial redemption of its 4.75% Notes due 2026, redeeming $25 million in aggregate principal amount on August 11, 2025. The redemption price will be the greater of 100% of the principal amount or the present value of remaining payments, discounted using the applicable Treasury Rate plus 50 basis points. Interest on the redeemed notes will cease to accrue after the redemption date, and the process will be managed by U.S. Bank Trust Company, National Association.

NBC Securities Inc. increased its holdings in OFS Capital Co. by 130,533.3% in Q1, owning 3,919 shares valued at $36,000. Other institutional investors also raised their positions in OFS Capital, while Wall Street Zen downgraded the company to a 'hold' rating. OFS Capital reported $0.26 EPS for Q1, missing analyst estimates, and announced a $0.34 annualized dividend. The company has a market cap of $120.47M and a debt-to-equity ratio of 0.55.

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The article analyzes OFS Capital's financial performance, highlighting declining net investment income, a reduced dividend yield, and concerns about potential distribution cuts due to economic factors like tariffs and interest rate environments. The analyst maintains a sell rating, citing weak portfolio performance and risks from global economic uncertainties.

OFS Capital Corporation, an externally managed, closed-end, non-diversified management investment company, reported strong Q4 2024 earnings. The company's net investment income per share increased to $0.30 from $0.27, and the net gain on investments reached $1.60 per share. OFS also declared a distribution of $0.34 per share for the first quarter of 2025. The net asset value per share increased to $12.85 from $11.29, and the weighted-average performing income yield rose to 13.8%. The investment portfolio, valued at $409.7 million, consists mainly of floating rate loans and first and second lien loans. The company reported no new loans on non-accrual status and a decrease in issuers with loans on non-accrual status. OFS Capital remains focused on providing flexible investment solutions through various asset classes.