OFS Credit Company Declares Monthly Common And Preferred Distributions Through July 2019
OFS Credit Company (NASDAQ:OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily
invests in collateralized loan obligation (“CLO”) equity and subordinated debt securities, today announced that its Board of
Directors has declared cash distributions on shares of the Company’s common and preferred stock.
For the Company’s common stock, the Board declared three monthly cash distributions of $0.167 per common share.
The following schedule applies to the distributions for stockholders of record on the close of business of each specific Record
Date:
| Record Date |
|
|
|
|
Payable Date |
|
|
|
|
Distribution Per Share |
| May 24, 2019 |
|
|
|
|
May 31, 2019 |
|
|
|
|
$0.167
|
| June 21, 2019 |
|
|
|
|
June 28, 2019 |
|
|
|
|
$0.167 |
| July 24, 2019 |
|
|
|
|
July 31, 2019 |
|
|
|
|
$0.167 |
For the Company’s preferred stock, the Board declared four monthly cash distributions of $0.143 per common
share. The following schedule applies to the distributions for stockholders of record on the close of business of each specific
Record Date:
| Record Date |
|
|
|
|
|
Payable Date |
|
|
|
|
|
Distribution Per Share
|
| April 23, 2019 |
|
|
|
|
|
April 30, 2019 |
|
|
|
|
|
$0.143 |
| May 24, 2019 |
|
|
|
|
|
May 31, 2019 |
|
|
|
|
|
$0.143 |
| June 21, 2019 |
|
|
|
|
|
June 28, 2019 |
|
|
|
|
|
$0.143 |
| July 24, 2019 |
|
|
|
|
|
July 31, 2019
|
|
|
|
|
|
$0.143 |
About OFS Credit Company, Inc.
OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s investment
objective is to generate current income, with a secondary objective to generate capital appreciation primarily through investment
in CLO equity and subordinated debt securities. The Company's investment activities are managed by OFS Capital Management,
LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended, and headquartered in Chicago,
Illinois with additional offices in New York and Los Angeles.
Forward-Looking Statements
Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance
or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of
risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number
of factors, including those described from time to time in our filings with the Securities and Exchange Commission. The Company
undertakes no duty to update any forward-looking statements made herein.
INVESTOR RELATIONS:
Steve Altebrando
646-652-8473
saltebrando@ofsmanagement.com
MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190412005027/en/