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OFS Capital Corporation Prices Public Offering of $60,000,000 7.50% Notes Due 2028

1. OFS Capital has priced a $60 million notes offering with 7.50% interest. 2. Net proceeds could reach approximately $67.3 million if the overallotment is exercised.

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FAQ

Why Bullish?

The successful pricing of the notes suggests strong demand, enhancing OFS's capital structure. Historical evidence shows such offerings usually lead to positive stock performance if effectively utilized.

How important is it?

The financing can significantly strengthen OFS's positions, driving growth and potential dividends. This type of capital raising is crucial for operational expansion and investor sentiment.

Why Short Term?

Immediate capital influx could improve liquidity and support investment strategies. Similar past offerings have shown quick positive market reactions.

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CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (the “Company” or “OFS Capital”) (Nasdaq: OFS) announced today that it has priced a registered public offering of $60,000,000 aggregate principal amount of its 7.50% notes due 2028 (the “Notes”) which will result in net proceeds to the Company of approximately $58,500,000 (or approximately $67,320,000 if the underwriters fully exercise the overallotment option described below) based on a public offering price of 100% of the aggregate principal a.

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