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 DatePayable DateDistribution 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 DatePayable 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.

Contacts:

INVESTOR RELATIONS:
Steve Altebrando
646-652-8473
saltebrando@ofsmanagement.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.