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OFS Credit Company Declares Common and Preferred Stock Distributions

OFS Credit Company Declares Common and Preferred Stock Distributions
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OFS Credit Company, Inc. Commences Preferred Stock Offering


Press release content from Business Wire. The AP news staff was not involved in its creation.
OFS Credit Company, Inc. Commences Preferred Stock Offering
April 21, 2021 GMT
CHICAGO (BUSINESS WIRE) Apr 21, 2021
OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIP) announced today that it plans to offer shares of its Series C Term Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company has applied to list the Preferred Stock on the Nasdaq Capital Market under the trading symbol “OCCIO”. The Company expects the Preferred Stock to begin trading within 30 days from the original issue date. In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover overallotments, if any. ....

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