OFS Capital Corporation (NASDAQ:OFS), a business development company
(BDC), announced on September 25, 2013 that its Board of Directors
approved a quarterly cash distribution of $0.34 per share, which will be
paid on October 31, 2013 to shareholders of record as of October 17,
2013.
The Company estimates the tax characteristics of its distributions on a
quarterly basis and will report the final tax characteristics of the
distributions to shareholders on Form 1099 after the end of each fiscal
year. However, if the characteristics of this distribution were
determined as of today, the Company estimates that a majority of this
distribution would have been characterized as a return of capital to its
shareholders.
ABOUT OFS CAPITAL
OFS Capital Corporation (NASDAQ:OFS) is an externally managed,
closed-end, non-diversified management investment company that has
elected to be regulated as a business development company. OFS Capital’s
investment objective is to provide shareholders with both current income
and capital appreciation primarily through debt investments and, to a
lesser extent, equity investments. OFS Capital invests primarily in
middle-market companies in the United States, generally focusing its
investment activities on private companies that are owned by private
equity sponsors or owner/operators and have annual EBITDA between $5
million and $50 million. OFS Capital offers flexible solutions through a
variety of asset classes, including senior secured, unitranche,
second-lien and mezzanine loans and, to a lesser extent, equity
securities. OFS Capital’s investment activities are managed by OFS
Capital Management, LLC, an investment adviser registered under the
Investment Advisers Act of 1940 and headquartered in Rolling Meadows,
Illinois, with additional offices in New York and Los Angeles.
FORWARD-LOOKING STATEMENTS
Statements made in this press release may contain forward-looking
statements that involve substantial risks and uncertainties, some of
which are beyond the control of OFS Capital’s management, and are
difficult to predict. Such forward-looking statements are not historical
facts but, rather, reflect assumptions, estimates, and projections by
OFS Capital concerning anticipated results and provide no guarantee of
future performance. All forward-looking statements speak only as of the
date of this press release, and OFS Capital undertakes no duty to update
any forward-looking statements herein made.
Copyright Business Wire 2013