OFS Capital Corporation 4.95% Notes due 2028
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $317.6M
- Price
- $23.70
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.15%
- Volume
- 298
About
OFS Capital Corporation, previously known as OFS Capital, LLC, operates as an externally managed, closed-end, and non-diversified investment management company. Its core mission is to deliver current earnings and enhance shareholder value, predominantly via strategic placements in debt and equity. By June 30, 2012, the firm's investment holdings comprised assets from its fully-owned subsidiary, OFS Capital WM, LLC, in addition to those from Tamarix Capital Partners, L.P. The company remains committed to an investment approach centered on opportunities within U.S. middle-market businesses. OFS Capital Management, LLC serves as its external fund manager, with OFS Capital Services, LLC handling administrative responsibilities. On December 4, 2013, the company completed the acquisition of Tamarix Capital Partners, L.P., which subsequently became a wholly-owned, directly-held subsidiary.
Quick stats
Shares outstanding13.4M
Computed float10.4M
Float / shares77.4%
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001487918
Websitehttps://www.ofscapital.com
AI Summary
AI-generated1/18
standardbullishother
OFS Capital Corporation Announces Partial Monetization of Equity Interest for $52.3 Million of Gross Proceeds
OFS Capital closed a transaction in which a third-party investor acquired approximately 57% of the limited partnership interests in its subsidiary OFS SBIC I, LP for $52.3 million, all of which was distributed to the Company.
SBIC I LP holds 400 Class A shares of Pfanstiehl Holdings, an asset representing about 84.0% of OFS's net assets and 31.8% of total investments as of June 30, 2026; OFS retains a 43% LP stake and its subsidiary remains general partner with full control.
Management plans to redeploy the proceeds primarily into interest-earning debt and equity securities, aiming to boost net investment income while meaningfully reducing portfolio concentration.
Red flags
- extreme single-asset concentration: underlying holding was ~84% of net assets pre-transaction
- valuation of the monetized stake and any realized gain/loss vs. carrying value not disclosed