Redemption of 6.375% Notes due 2025
On February 10, 2021, OFS Capital Corporation (the “Company”) caused notices to be issued to the holders of its 6.375% Notes due 2025 (CUSIP No. 67103B 308; NASDAQ: OFSSL) (the “6.375% Notes”) regarding the Company’s exercise of its option to redeem all of the issued and outstanding 6.375% Notes, pursuant to Section 1101 of the Indenture dated as of April 16, 2018, between the Company and U.S. Bank National Association, as trustee, and Section 1.01(h) of the First Supplemental Indenture dated as of April 16, 2018. The Company will redeem all $50,000,000 in aggregate principal amount of the 6.375% Notes on March 12, 2021 (the “Redemption Date”). The 6.375% Notes will be redeemed at 100% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon from January 31, 2021, through, but excluding, the Redemption Date. The aggregate amount of accrued interest to be paid will be approximately $363,021 (or approximately $0.18151 on each $25 principal amount of the Notes). A copy of the notice of redemption is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
Redemption of 6.50% Notes due 2025
On February 10, 2021, the Company caused notices to be issued to the holders of its 6.50% Notes due 2025 (CUSIP No. 67103B 407; NASDAQ: OFSSZ) (the “6.50% Notes”) regarding the Company’s exercise of its option to redeem all of the issued and outstanding 6.50% Notes, pursuant to Section 1101 of the Indenture dated as of April 16, 2018, between the Company and U.S. Bank National Association, as trustee, and Section 1.01(h) of the Second Supplemental Indenture dated as of October 16, 2018. The Company will redeem all $48,525,000 in aggregate principal amount of the 6.50% Notes on the Redemption Date. The 6.50% Notes will be redeemed at 100% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon from January 31, 2021, through, but excluding, the Redemption Date. The aggregate amount accrued interest to be paid will be approximately $359,220 (or approximately $0.185069 on each $25 principal amount of the Notes). A copy of the notice of redemption is attached to this Current Report on Form 8-K as Exhibit 99.2 and is incorporated herein by reference.