Business Development Company OFS Capital (OFS) has priced their new issue of baby bonds.
The issue priced at 6.25% which at first glance seems low–but the issue is just a 3 year issue, maturing in 2023 and shorter dated maturities price lower.
There will not be OTC grey market trading. The issue should begin trading in the next week or so.
![](https://innovativeincomeinvestor.com/wp-content/uploads/2020/09/ofs.png)
The pricing term sheet can be read here.