BDC OFS Capital Corp Announces New Baby Bonds

Smaller Business Development Company OFS Capital (NASDAQ:OFS) has announced a new issuance of baby bonds with a maturity date of 2025.

No details of the issue are known at this time–but will be known by tomorrow.

The preliminary prospectus can be read here.

OFS currently has one other baby bond outstanding (NASDAQ:OFSSL) which carries a coupon of 6.375% and is trading right at $25.00 and also has a maturity date in 2025.

Thanks to Eugene for the heads up on this issue.

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