OFS Credit Company, Inc. Declares Monthly Cash Distributions for Each of the Three Months in the Quarter Ending January 31, 2024, Payable on December 29, 2023 and January 31, 2024, Respectively
November 28, 2023 at 04:00 pm EST
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OFS Credit Company, Inc. announced that, on November 28, 2023, 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 January 31, 2024. For the month of November 2023: Record date is December 22, 2023; Payment date is December 29, 2023. For the month of December 2023: Record date is December 22, 2023; Payment date is December 29, 2023.
For the month of January 2024: Record date is January 24, 2024; Payment date is January 31, 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 January 31, 2024, Payable on December 29, 2023 and January 31, 2024, Respectively