OFS Credit Company, Inc. Declares Monthly Cash Distributions for Each of the Three Months in the Quarter Ending April 30, 2024, Payable on February 29, 2024, March 29, 2024 and April 30, 2024, Respectively
February 02, 2024 at 08:00 am EST
Share
OFS Credit Company, Inc. announced that, on February 1, 2024, its board of directors declared monthly all-cash distributions of $0.10 for common stockholders for each of the three months in the quarter ending April 30, 2024. For the month of February 2024: Record date is February 19, 2024, Payment date is February 29, 2024. For the month of March 2024: Record date is March 19, 2024; Payment date is March 29, 2024.
For the month of April 2024: Record date is April 19, 2024, Payment date is April 30, 2024.
OFS Credit Company, Inc. is a non-diversified, closed-end management investment company. The Company's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Company seeks to invest approximately 80% of its assets, or net assets plus borrowings, in floating rate credit-based instruments and other structured credit investments, including collateralized loan obligation (CLO) debt and subordinated i.e., residual or equity securities traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments, and other credit-related instruments. The CLOs in which it invests are collateralized by portfolios consisting primarily of below investment grade United States senior secured loans. Investment adviser of the Company is OFS Capital Management, LLC.
OFS Credit Company, Inc. Declares Monthly Cash Distributions for Each of the Three Months in the Quarter Ending April 30, 2024, Payable on February 29, 2024, March 29, 2024 and April 30, 2024, Respectively