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Non-Tech : Income Investing
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From: brehm2337/22/2025 1:19:50 PM
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OFFSO

OFS Capital Corp. 7.50% Notes due 07/31/2028
Ticker Symbol: OFFSO CUSIP: 67103B803 Exchange: NGS
Security Type: Exchange-Traded Debt Security
The7.50% Notes due 2028 were issued on 07/15/2025 and are expected to begin trading on the Nasdaq Global Select Market within 30 days of their issue date. The shares may start interim trading on the Other OTC market but we are not aware that they have done so to date.
QUANTUMONLINE.COM SECURITY DESCRIPTION: OFS Capital Corporation, 7.50% Notes due 2028, issued in $25 denominations, redeemable at the issuer's option on or after 07/31/2026 at $25 per note plus accrued and unpaid interest, and maturing 07/31/2028. Interest distributions of 7.50% per annum ($1.875 per annum or $0.46875 per quarter) will be paid quarterly on 1/31, 4/30, 7/31 & 10/31 to holders of record on the record date that will be 1/15, 4/15, 7/15 & 10/15 respectively (NOTE: the ex-dividend date is one business day prior to the record date).

Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders.

Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest.

This security was not rated by Moody’s or S&P at the time of its IPO. This security was rated BBB by Egan-Jones Rating Co at the time of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

NGS
Chart 		7.50%
$1.875 		$25.00
$25.00 		7/31/2026
7/31/2028 		NR NR
7/17/2025 		1/31, 4/30, 7/31 & 10/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
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Exchange Cpn Rate
Ann Amt LiqPref
CallPrice Call Date
Matur Date Moodys/S&P
Dated Distribution Dates 15%
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