OFS Credit Company Declares Series C Preferred Stock Distributions

Apr 29, 2021

CHICAGO--(BUSINESS WIRE)--Apr. 29, 2021-- 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 debt securities, today announced that its Board of Directors has declared monthly cash distributions on the 6.125% Series C Term Preferred Stock through July 2021.

On April 28, 2021, the Board of Directors declared the following distributions for 6.125% Series C Preferred Stock stockholders of record on the close of business of each specific Record Date:

Record Date

Payable Date

Distribution Per Share

April 28, 2021

April 30, 2021

$0.0127604

May 24, 2021

May 31, 2021

$0.1276042

June 23, 2021

June 30, 2021

$0.1276042

July 23, 2021

July 30, 2021

$0.1276042

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 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, and other factors 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 the impact of the global COVID-19 pandemic and significant 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.

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

MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com

Source: OFS Credit Company, Inc.

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