OFS Capital Corporation Announces Partial Monetization of Equity Interest for $52.3 Million of Gross Proceeds
Key Highlights
- ➤$52.3 million gross proceeds distributed to OFS Capital
- ➤New Investor acquired approximately 57% of SBIC I LP interests
- ➤Pfanstiehl represented 84.0% of net assets as of June 30, 2026
- ➤OFS Capital retained 43% interest and control through its general partner
- ➤Proceeds will fund debt and equity investments and corporate purposes
Expert Statements
Bilal Rashid, Chairman and Chief Executive Officer of OFS Capital Corporation
“We are pleased to complete this strategic transaction”
Bilal Rashid, Chairman and Chief Executive Officer of OFS Capital Corporation
“We believe that the proceeds from the Transaction will provide us with investment and operational flexibility and will allow us to advance our goal of redeploying capital, primarily into interest-earning assets, through which we anticipate enhancing our net investment income.”
Bilal Rashid, Chairman and Chief Executive Officer of OFS Capital Corporation
“The transaction also meaningfully reduces portfolio concentration, while our retained 43% interest in SBIC I LP provides us with continued exposure to what we believe will be the underlying investment’s long-term value.”
OFS Capital Corporation Announces Partial Monetization of Equity Interest for $52.3 Million of Gross Proceeds
OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital”; the “Company”), a business development company, announced today the closing of a transaction through OFS SBIC I, LP (“SBIC I LP”), a wholly owned subsidiary of OFS Capital. On October 5, 2026, SBIC I LP admitted a third-party investor (the “New Investor”) as a limited partner, which acquired approximately 57% of the limited partnership interests of SBIC I LP in such transaction (the “Transaction”).
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