OFS Credit Company (OCCI) has priced the previously announced term preferred stock issue.
The issue has been priced at 5.25%. They are selling 1.22 million shares, plus another 180,000 available for over-allotments.
The shares will have a mandatory redemption in 2026.
The permanent ticker will be OCCIN when it begins to trade on the NASDAQ.
The SEC detailed pricing term sheet has NOT been filed as of now. I will update this when the filing is made.