OFS Credit Company Inc (OCCI)

OFS Credit Company Announces Preliminary Estimates of Certain Financial Results for its Second Fiscal Quarter 2026May 15, 2026 5:00 PM
Business Wire OFS Credit Company, Inc. (Nasdaq: OCCI, OCCIM, OCCIN) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced preliminary estimates of certain financial results for the fiscal quarter ended April 30, 2026. PRELIMINARY ESTIMATES OF CERTAIN FINANCIAL RESULTS Management’s unaudited estimate of the range of our net asset value per share of our common stock at April 30, 2026 is between $3.67 and $3.77. Management’s unaudited estimate of the range of our net investment income per share of our common stock for the fiscal quarter ended April 30, 2026 is between $0.13 and $0.17. As of April 30, 2026, we had $89.9 million of term preferred stock outstanding. The unaudited preliminary estimates of certain financial information and results for the fiscal quarter ended April 30, 2026 furnished above are based on management’s preliminary determinations and current expectations, and such information is inherently uncertain. The preliminary estimates provided herein have been prepared by, and are the responsibility of, management and are subject to completion of customary quarter-end closing and review procedures and third-party review, including the determination of the fair value of OFS Credit’s portfolio investments, and are not a comprehensive statement of our financial position, results of operations, or cash flows for the quarter ended April 30, 2026. As a result, actual results could differ materially from these preliminary estimates based on potential adjustments made during OFS Credit’s quarter-end closing and review procedures and third-party review. OFS Credit’s reported information in its Semi-Annual Report on Form N-CSRS for the period ended April 30, 2026 may differ from this information, and any such differences may be material. In addition, the information furnished above does not include all of the information regarding OFS Credit’s financial condition and results of operations for the quarter ended April 30, 2026 that may be important to readers. As a result, readers are cautioned not to place undue reliance on the information furnished in this press release and should view this information in the context of OFS Credit’s full results when such results are disclosed by OFS Credit in its Semi-Annual Report on Form N-CSRS for the period ended April 30, 2026. The information furnished in this press release is based on OFS Credit’s management’s current expectations that involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, such information. Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after April 30, 2026 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility, or by other factors, we may experience a material adverse impact on our future net asset value, net investment income, the underlying value of our investments, our financial condition and the financial condition of our portfolio investments. The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto. About OFS Credit Company, Inc. OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago, Illinois with additional offices in New York and Los Angeles. Forward-Looking Statements Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects may constitute forward-looking statements. Forward-looking statements can be identified by terminology such as “anticipate”, “believe”, “could”, “could increase the likelihood”, “estimate”, “expect”, “intend”, “is planned”, “may”, “should”, “will”, “will enable”, “would be expected”, “look forward”, “may provide”, “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 1 Registration does not imply a certain level of skill or training OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC. OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260515513118/en/ INVESTOR RELATIONS:
OFS Credit Company, Inc.
Steve Altebrando
847-734-2085
investorrelations@ofscreditcompany.com MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com Original: OFS Credit Company Announces Preliminary Estimates of Certain Financial Results for its Second Fiscal Quarter 2026

OFS Credit Company Provides March 2026 Net Asset Value UpdateApril 15, 2026 5:00 PM
Business Wire
OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at March 31, 2026.



Management’s unaudited estimate of the range of our NAV per share of our common stock at March 31, 2026 is between $3.73 and $3.83. This estimate is not a comprehensive statement of our financial condition or results for the month ended March 31, 2026. This estimate did not undergo the Company’s typical quarter-end financial closing procedures. We advise you that current estimates of our NAV per share may differ materially from future NAV estimates or determinations, including the determination for the period ending April 30, 2026, which will be reported in our Semi-Annual Report on Form N-CSRS.



Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after March 31, 2026 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility, or by other factors, we may experience a material adverse impact on our future NAV, net investment income, the underlying value of our investments, our financial condition and the financial condition of our portfolio investments.


The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto.


About OFS Credit Company, Inc.


OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago, Illinois with additional offices in New York and Los Angeles.


Forward-Looking Statements


Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects may constitute forward-looking statements. Forward-looking statements can be identified by terminology such as “anticipate”, “believe”, “could”, “could increase the likelihood”, “estimate”, “expect”, “intend”, “is planned”, “may”, “should”, “will”, “will enable”, “would be expected”, “look forward”, “may provide”, “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


1 Registration does not imply a certain level of skill or training


OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.


OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260415080455/en/
INVESTOR RELATIONS:

OFS Credit Company, Inc.

Steve Altebrando

847-734-2085

investorrelations@ofscreditcompany.com


MEDIA RELATIONS:

Bill Mendel

212-397-1030

bill@mendelcommunications.com


Original: OFS Credit Company Provides March 2026 Net Asset Value Update

OFS Credit Company Provides February 2026 Net Asset Value UpdateMarch 16, 2026 5:00 PM
Business Wire
OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at February 28, 2026.



Management’s unaudited estimate of the range of our NAV per share of our common stock at February 28, 2026 is between $3.94 and $4.04. This estimate is not a comprehensive statement of our financial condition or results for the month ended February 28, 2026. This estimate did not undergo the Company’s typical quarter-end financial closing procedures. We advise you that current estimates of our NAV per share may differ materially from future NAV estimates or determinations, including the determination for the period ending April 30, 2026, which will be reported in our Semi-Annual Report on Form N-CSRS.



Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after February 28, 2026 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility, or by other factors, we may experience a material adverse impact on our future NAV, net investment income, the underlying value of our investments, our financial condition and the financial condition of our portfolio investments.


The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto.


About OFS Credit Company, Inc.


OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago, Illinois with additional offices in New York and Los Angeles.


Forward-Looking Statements


Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects may constitute forward-looking statements. Forward-looking statements can be identified by terminology such as “anticipate”, “believe”, “could”, “could increase the likelihood”, “estimate”, “expect”, “intend”, “is planned”, “may”, “should”, “will”, “will enable”, “would be expected”, “look forward”, “may provide”, “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


1 Registration does not imply a certain level of skill or training


OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.


OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260316200505/en/
INVESTOR RELATIONS:

OFS Credit Company, Inc.

Steve Altebrando

847-734-2085

investorrelations@ofscreditcompany.com


MEDIA RELATIONS:

Bill Mendel

212-397-1030

bill@mendelcommunications.com


Original: OFS Credit Company Provides February 2026 Net Asset Value Update

OFS Credit Company Announces Financial Results for the First Fiscal Quarter 2026March 5, 2026 4:30 PM
Business Wire
OFS Credit Company, Inc. (Nasdaq: OCCI, OCCIO, OCCIN, OCCIM) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended January 31, 2026.


FIRST QUARTER HIGHLIGHTS



Net investment income (“NII”) of $5.5 million, or $0.19 per common share, for the fiscal quarter ended January 31, 2026. This compares to NII of $6.2 million, or $0.22 per common share, for the fiscal quarter ended October 31, 2025. NII decreased for the fiscal quarter ended January 31, 2026, primarily due to a decrease in the interest income yield1 on our investment portfolio. See additional information under “Results of Operations” below.



Core net investment income (“Core NII”)2 of $9.1 million, or $0.32 per common share, for the fiscal quarter ended January 31, 2026. This compares to Core NII of $8.8 million, or $0.32 per common share, for the fiscal quarter ended October 31, 2025. Core NII increased for the fiscal quarter ended January 31, 2026, due to a modest increase in recurring CLO equity investment cashflows, while Core NII per common share was stable. See additional information under “Supplemental Information Regarding Core Net Investment Income” below.



Net asset value (“NAV”) per common share of $4.36 at January 31, 2026, a decrease of $1.10 from NAV of $5.46 at October 31, 2025. The decrease in NAV was primarily due to a net loss on investments of $0.96 per common share and distributions of $0.345 per common share paid during the quarter which exceeded our quarterly NII of $0.19 per common share. See additional information under “Results of Operations” below.



During the fiscal quarter ended January 31, 2026, the interest income yield1 of our investment portfolio was 13.16%, based on average amortized cost.



During the fiscal quarter ended January 31, 2026, we issued 825,444 shares of common stock through our At-the-Market offering, for net proceeds of $4.1 million, after deducting commissions, fees and offering costs.



OTHER RECENT EVENTS



On February 18, 2026, we caused notice to be issued to the holder of the Series D Term Preferred Stock regarding the exercise of our option to fully redeem the $3.0 million of issued and outstanding Series D Term Preferred Stock on February 27, 2026. On February 27, 2026, all outstanding shares of the Series D Term Preferred Stock were redeemed at 100% of their principal amount ($25 per share). In accordance with the provisions of the Certificate of Designation of the Series D Term Preferred Stock, dividends declared on the Series D Term Preferred Stock for the month of February 2026 were paid on the February 27, 2026 to the holder of record of the Series D Term Preferred Stock at the close of business on the record date, and were not paid as part of the redemption price.



On February 19, 2026, we caused notices to be issued to the holders of the Series C Term Preferred Stock regarding the exercise of our option to partially redeem $5.0 million of the issued and outstanding Series C Term Preferred Stock on March 31, 2025. The Series C Term Preferred Stock will be redeemed at 100% of their principal amount ($25 per share). In accordance with the provisions of the Certificate of Designation of the Series C Term Preferred Stock, dividends declared on the Series C Preferred Shares for the month of March 2026 shall be paid on the dividend payment date to the holders of record of the Series C Term Preferred Stock at the close of business on the record date, and shall not be payable as part of the redemption price.



As previously announced, on February 23, 2026, our board of directors (the “Board”) declared monthly cash distributions of $0.05 per common share for the months of March and April 2026, which implies an annualized cash distribution rate of 18.9% based on the closing market price of $3.17 per common share on the declaration date. See additional information under “Distributions” below.





SELECTED FINANCIAL HIGHLIGHTS






 






 






 






 








(in millions, except per share data)






 






At








 






 






January 31, 2026






 






October 31, 2025








Balance Sheet Highlights






 






 






 






 








Total investments, at fair value






 






$






235.9






 






 






$






256.5






 








Total outstanding preferred stock - principal






 






 






115.9






 






 






 






115.9






 








Total net assets






 






 






126.8






 






 






 






153.0






 








NAV per common share






 






 






4.36






 






 






 






5.46






 








Asset coverage ratio3






 






 






209.4






%






 






 






232.0






%









Operating Highlights






 






For the Fiscal Quarter Ended








(Per common share)






 






January 31, 2026






 






October 31, 2025








Net investment income






 






$






0.19






 






 






$






0.22






 








Net realized loss on investments






 






 






(0.02






)






 






 






(0.03






)








Net change in unrealized depreciation on investments






 






 






(0.94






)






 






 






(0.52






)








Net earnings (loss)






 






$






(0.77






)






 






$






(0.33






)








 






 






 






 






 








Reconciliation of Core NII — Non-GAAP1






 






 






 






 








Net investment income






 






$






0.19






 






 






$






0.22






 








CLO equity adjustments






 






 






0.13






 






 






 






0.10






 








Core NII






 






$






0.32






 






 






$






0.32






 







MANAGEMENT COMMENTARY


“Amid the ongoing market volatility in CLO equity, we remain focused on prudently positioning our balance sheet and taking actions to preserve capital, including our recent announcement to reduce our monthly common stock distribution rate,” said Bilal Rashid, Chief Executive Officer. “We continue to proactively manage our portfolio, evaluating accretive reset and refinancing transactions, and we maintained our weighted average remaining reinvestment period at 3.4 years at quarter end. In addition, we continued to selectively deploy capital in what we believe are attractive risk-adjusted return opportunities, which carried a weighted average yield of 16.51% at quarter end.”


PORTFOLIO AND INVESTMENT ACTIVITIES


As of January 31, 2026, the total fair value of our investment portfolio was $235.9 million, which was equal to 71.2% of amortized cost. For the quarter ended January 31, 2026, our CLO equity cash flow yield4 was 17.40% based on amortized cost.




 






 






At








Portfolio Overview ($ in millions)






 






January 31, 2026






 






October 31, 2025








Total investments, at fair value






 






$






235.9






 






 






$






256.5






 








Total number of issuers






 






 






85






 






 






 






85






 








Weighted-average effective yield5






 






 






12.39






%






 






 






13.02






%









 






 






For the Fiscal Quarter Ended








Portfolio Purchases ($ in millions)






 






January 31, 2026






 






October 31, 2025








CLO equity investments






 






$






12.0






 






 






$






4.0






 








CLO debt investments






 






 






—






 






 






 






—






 








Loan accumulation facility investments






 






 






3.1






 






 






 






3.5






 








Other CLO equity-related investments (i.e., fee rebates)






 






 






—






 






 






 






—






 








Total investments






 






$






15.1






 






 






$






7.5






 








Weighted-average effective yield - period end






 






 






16.51






%






 






 






15.48






%









 






 






At January 31, 2026








Portfolio Composition ($ in millions)






 






Amortized Cost






 






Fair Value








CLO equity investments






 






$






318.5







 






$






222.5









CLO debt investments






 






 






0.1







 






 






0.1









Loan accumulation facility investments






 






 






11.5







 






 






11.5









Other CLO equity-related investments (i.e., fee rebates)






 






 






1.3







 






 






1.8









Total investments






 






$






331.4







 






$






235.9








RESULTS OF OPERATIONS


Interest Income


During the fiscal quarter ended January 31, 2026, interest income decreased to $11.0 million from $12.0 million during the prior quarter. The decrease in interest income was primarily due to a decrease in the interest income yield1 on our investment portfolio.


Expenses


During the fiscal quarter ended January 31, 2026, total expenses decreased by $0.3 million to $5.5 million, primarily due to an aggregate decrease of $0.3 million in base management and incentive fees.


Net Realized and Unrealized Gain (Loss) on Investments


During the fiscal quarter ended January 31, 2026, net loss on investments of $27.2 million was primarily due to net unrealized depreciation on our CLO equity investments of $26.3 million, primarily attributable to ongoing spread compression in underlying loan collateral, resulting weaker cashflow arbitrage, and declines in loan prices.


DISTRIBUTIONS


March and April 2026 Common Stock Distributions


The following schedule applies to distributions for common stockholders of record on the close of business of each specific record date:




Month






 






Record Date






 






Payment Date






 






Cash Distribution Per Share








March 2026






 






March 16, 2026






 






March 31, 2026






 






$0.05








April 2026






 






April 15, 2026






 






April 30, 2026






 






$0.05







Dividend Reinvestment Plan (“DRIP”) – DRIP Shares Issued at 95% of Market Price


Common stockholders who participate in our DRIP have the opportunity to receive a 5% discount to the market price per share of common stock at the close of regular trading on The Nasdaq Capital Market on the valuation date fixed by the Board for each distribution (i.e., the payment date).


Common stockholders that are interested in participating in our DRIP should contact their broker or financial intermediary.


Additional information about our DRIP and how to participate can be found at https://ir.ofscreditcompany.com/shareholder-services/dividend-reinvestment-plan. We make our website content available for informational purposes only. It should not be relied upon for investment purposes, nor is it incorporated by reference into this press release.


Preferred Stock Distributions


As previously announced, on January 16, 2026, our Board declared monthly cash distributions on preferred shares through July 31, 2026, if applicable. The following schedule applies to the 6.125% Series C Term Preferred Stock (Nasdaq: OCCIO), 5.25% Series E Term Preferred Stock (Nasdaq: OCCIN), 7.875% Series F Term Preferred Stock (Nasdaq: OCCIM) and 8.00% Series G Term Preferred Stock distributions for preferred stockholders of record on the close of business of each specific record date:




Preferred Stock Series






 






Month






 






Record Date






 






Payment Date






 






Cash Distribution Per Share








6.125% Series C Term Preferred Stock (Nasdaq: OCCIO)






 






March 2026






 






March 16, 2026






 






March 31, 2026






 






$0.1276042








 






 






April 2026






 






April 15, 2026






 






April 30, 2026






 






$0.1233507








 






 






 






 






 






 






 






 






 








5.25% Series E Term Preferred Stock (Nasdaq: OCCIN)






 






March 2026






 






March 16, 2026






 






March 31, 2026






 






$0.109375








 






 






April 2026






 






April 15, 2026






 






April 30, 2026






 






$0.109375








 






 






May 2026






 






May 15, 2026






 






May 29, 2026






 






$0.109375








 






 






June 2026






 






June 15, 2026






 






June 30, 2026






 






$0.109375








 






 






July 2026






 






July 15, 2026






 






July 31, 2026






 






$0.109375








 






 






 






 






 






 






 






 






 








7.875% Series F Term Preferred Stock (Nasdaq: OCCIM)






 






March 2026






 






March 16, 2026






 






March 31, 2026






 






$0.1640625








 






 






April 2026






 






April 15, 2026






 






April 30, 2026






 






$0.1640625








 






 






May 2026






 






May 15, 2026






 






May 29, 2026






 






$0.1640625








 






 






June 2026






 






June 15, 2026






 






June 30, 2026






 






$0.1640625








 






 






July 2026






 






July 15, 2026






 






July 31, 2026






 






$0.1640625








 






 






 






 






 






 






 






 






 








8.00% Series G Term Preferred Stock






 






March 2026






 






March 16, 2026






 






March 31, 2026






 






$0.16666667








 






 






April 2026






 






April 15, 2026






 






April 30, 2026






 






$0.16666667








 






 






May 2026






 






May 15, 2026






 






May 29, 2026






 






$0.16666667








 






 






June 2026






 






June 15, 2026






 






June 30, 2026






 






$0.16666667








 






 






July 2026






 






July 15, 2026






 






July 31, 2026






 






$0.16666667









OFS Credit Company, Inc.




Statement of Assets and Liabilities








 



 






As of January 31, 2026








Assets:






 








Investments, at fair value (amortized cost of $331,435,941)






$






235,917,860






 








Cash and cash equivalents






 






7,082,187






 








Receivable for common stock sold






 






660,572






 








Interest receivable






 






703,982






 








Other assets






 






354,520






 








Total assets






 






244,719,121






 








 






 








Liabilities:






 








Preferred stock (net of deferred issuance costs of $1,782,539)






 






114,117,461






 








Payable to adviser and affiliates






 






3,230,068






 








Other liabilities






 






611,000






 








Total liabilities






 






117,958,529






 








 






 








Net assets






$






126,760,592






 








 






 








Net assets consist of:






 








Common stock, par value of $0.001 per share; 90,000,000 shares authorized and 29,088,071 shares issued and outstanding






$






29,088






 








Paid-in capital in excess of par






 






223,994,410






 








Total accumulated losses






 






(97,262,906






)








Total net assets






$






126,760,592






 








 






 








Net asset value per common share






$






4.36






 









OFS Credit Company, Inc.




Statement of Operations








 



 






Three Months Ended








 






January 31, 2026








Investment income:






 








Interest income






$






10,979,551






 








 






 








Operating expenses:






 








Interest expense






 






2,166,643






 








Incentive fees






 






1,369,623






 








Base management fees






 






1,072,324






 








Administration fees






 






387,106






 








Professional fees






 






273,838






 








Other expenses






 






231,524






 








Total operating expenses






 






5,501,058






 








 






 








Net investment income






 






5,478,493






 








 






 








Net realized and unrealized gain (loss) on investments:






 








Net realized loss on investments






 






(611,927






)








Net change in unrealized depreciation on investments






 






(26,560,624






)








Net loss on investments






 






(27,172,551






)








 






 








Net decrease in net assets resulting from operations






$






(21,694,058






)








 






 








Weighted-average common shares outstanding






 






28,221,045






 







About OFS Credit Company, Inc.


OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19406, as amended, and headquartered in Chicago with additional offices in New York and Los Angeles.


Forward-Looking Statements


Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including statements relating to: our results of operations, including NII, Core NII, earnings per share and net asset value and the factors that may affect such results; management’s belief that, amid the ongoing market volatility in CLO equity, management remains focused on prudently positioning our balance sheet and taking actions to preserve capital, including our recent announcement to reduce our monthly common stock; the assertion that management continues to proactively manage our portfolio, evaluating accretive reset and refinancing transactions; and the belief that management continues to selectively deploy capital in what management believes are attractive risk-adjusted return opportunities; and other factors may constitute forward-looking statements. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about us, our current and prospective portfolio investments, our industry, our beliefs, and our assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission (“SEC”), such as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility, on our business, our portfolio companies, our industry and the global economy. Although we believe that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions also could be inaccurate. In light of these and other uncertainties, the inclusion of a projection or forward-looking statement in this press release should not be regarded as a representation by us that our plans and objectives will be achieved. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any additional disclosures that we may make directly to you or through reports that we in the future may file with the SEC, including Annual and Semi-Annual Reports on Form N-CSR and monthly portfolio investments reports filed on Form N-PORT for the third month of each of our fiscal quarters.


Supplemental Information Regarding Core Net Investment Income


We provide information relating to Core NII (a non-GAAP measure) on a supplemental basis. This measure is not provided as a substitute for GAAP NII, but in addition to it. Our non-GAAP measures may differ from similar measures by other companies, even if similar terms are used to identify such measures. Core NII represents GAAP NII adjusted for differences in applicable cash distributions received on our CLO equity and equity-related investments that have not been optionally redeemed relative to income recognized in accordance with GAAP. OFS Capital Management, LLC, our investment adviser, uses this information in its internal analysis of results and believes that this information may be informative in gauging the quality of the Company’s financial performance, identifying trends in its results, and providing meaningful period-to-period comparisons.


Income from investments in the “equity” class securities of CLO vehicles, for GAAP purposes, is recorded using the effective interest method; this is based on an estimated effective yield, at current amortized cost, to the expected redemption of the security utilizing assumed cash flows, including those CLO equity investments that have not made their inaugural distribution for the relevant period end. The result is an estimated effective yield for the investment in which the respective investment’s cost basis is adjusted quarterly based on the difference between the actual cash received, or distributions entitled to be received, and the income recognized via the estimated effective yield calculation. Accordingly, investment income recognized on CLO equity and equity-related securities in the GAAP statement of operations differs from the cash distributions actually received by the Company during the period (referred to below as “CLO equity adjustments”). Therefore, management believes that Core NII may provide a useful indicator of distributable operating income, as this reflects a measure of potential cash availability, net of operating expenses, that could be utilized to cover distributions to common stockholders. We note that this non-GAAP measure has no bearing on the tax character of the common stock distributions made during the period, and future distributions are not guaranteed. A portion of current and future common stock distributions may consist of a return of capital for tax purposes. The actual tax character of our earnings cannot be finally determined until our tax return is prepared after the close of our taxable year.


The following table provides a reconciliation of GAAP NII to Core NII for the fiscal quarters ended January 31, 2026 and October 31, 2025:




 






 






For the Fiscal Quarter Ended

January 31, 2026






 






For the Fiscal Quarter Ended

October 31, 2025








 






 






Amount






 






Per Common Share Amount






 






Amount






 






Per Common Share Amount








Net investment income






 






$






5,478,493






 






$






0.19






 






$






6,209,544






 






$






0.22








CLO equity adjustments






 






 






3,631,157






 






 






0.13






 






 






2,593,985






 






 






0.10








Core NII






 






$






9,109,650






 






$






0.32






 






$






8,803,529






 






$






0.32







OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.

OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.



___________________________________________________



1 Interest income yield is calculated as total investment income earned on the investment portfolio (excluding idle cash interest income) divided by the average total investments at cost (annualized).








2 On a supplemental basis, we disclose Core NII, which is a financial measure calculated and presented on a basis of methodology other than in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Core NII represents NII adjusted for differences in applicable cash distributions received on our CLO equity and equity-related investments that have not been optionally redeemed relative to income recognized in accordance with GAAP. See additional information under “Supplemental Information Regarding Core Net Investment Income” above.








3 Under the Investment Company Act of 1940, as amended, we are permitted to issue senior securities, including preferred stock, provided that we maintain an asset coverage of at least 200% for senior securities representing indebtedness plus preferred stock, and 300% in the case of senior securities representing indebtedness. Asset coverage of senior securities representing preferred stock is calculated as the ratio of our total consolidated assets, less all liabilities and indebtedness not represented by senior securities, divided by the aggregate amount of our outstanding preferred stock and debt. Asset coverage of senior securities representing indebtedness is calculated as the ratio of our total consolidated assets, less all liabilities and indebtedness not represented by senior securities, divided by the aggregate amount of our outstanding debt.








4 Calculated as CLO equity and equity-related cash distributions received during the quarter, excluding distributions on CLO equity investments that have been optionally redeemed, divided by average CLO equity and equity-related investments at amortized cost.








5 Based on amortized cost at period end; excludes discount accretion on CLO debt investments.








6 Registration does not imply a certain level of skill or training.







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260305503436/en/
INVESTOR RELATIONS:

OFS Credit Company, Inc.

Steve Altebrando

847-734-2085

investorrelations@ofscreditcompany.com


Original: OFS Credit Company Announces Financial Results for the First Fiscal Quarter 2026

OFS Credit Company Provides January 2026 Net Asset Value UpdateFebruary 13, 2026 5:00 PM
Business Wire
OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at January 31, 2026.



Management’s unaudited estimate of the range of our NAV per share of our common stock at January 31, 2026 is between $4.31 and $4.41. This estimate is not a comprehensive statement of our financial condition or results for the month ended January 31, 2026. This estimate did not undergo the Company’s typical quarter-end financial closing procedures. We advise you that the final determination of our NAV per share as of January 31, 2026, which will be reported in our monthly report on Form N-PORT, may differ from this estimate.



Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after January 31, 2026 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility, or by other factors, we may experience a material adverse impact on our future NAV, net investment income, the underlying value of our investments, our financial condition and the financial condition of our portfolio investments.


The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto.


About OFS Credit Company, Inc.


OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago, Illinois with additional offices in New York and Los Angeles.


Forward-Looking Statements


Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects may constitute forward-looking statements. Forward-looking statements can be identified by terminology such as “anticipate”, “believe”, “could”, “could increase the likelihood”, “estimate”, “expect”, “intend”, “is planned”, “may”, “should”, “will”, “will enable”, “would be expected”, “look forward”, “may provide”, “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


1 Registration does not imply a certain level of skill or training


OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.


OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260213883507/en/
INVESTOR RELATIONS:

OFS Credit Company, Inc.

Steve Altebrando

847-734-2085

investorrelations@ofscreditcompany.com


MEDIA RELATIONS:

Bill Mendel

212-397-1030

bill@mendelcommunications.com


Original: OFS Credit Company Provides January 2026 Net Asset Value Update

One thing I have noticed about this company is they don't seem to pay dividends on time. regardless of which broker you use. They still pay but who wants their money a few days late. Unlike most companies, they make only a very limited amount of dividend payments in cash. Most of their dividend payments are in shares of stock. Even if you specify you want cash, not shares of stock, they still give you only a fraction of the dividend disbursement in cash.
Their sky-high dividend yield could well be an illusion based on the fact that most of the dividends are actually coming from giving out more stocks, not making real honest-to-God payments. In any event you will notice a big drop in their share price.
An examination of their profit and loss statements will tell you to what extent this is or is not justified. Just be aware of what you are getting into.