Reported Earlier, OFS Credit Company Announced The Pricing Of An Underwritten Public Offering Of 1,040,000 Shares Of 7.875% Series F Term Preferred Stock Due 2029 At A Price Of $25.00 Per Share, Raising $26.0M In Gross Proceeds
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OFS Credit Company has announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029, priced at $25.00 per share, raising $26.0 million in gross proceeds.
September 25, 2024 | 6:45 am
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POSITIVE IMPACT
OFS Credit Company has successfully priced its public offering of Series F Term Preferred Stock, raising $26 million. This move could strengthen the company's financial position.
The successful pricing of the preferred stock offering indicates strong investor interest and provides OFS Credit Company with additional capital. This can be seen as a positive development for the company's financial health and future growth prospects.
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