OCCI News and Press, OFS Credit Company Inc. From 05/04/21

The question today is, should you avoid CEF IPOs? From the data we have compiled, it seems that the averages come to be quite flat and it largely depends on the circumstances of its launch. One potential way to play this could be buying on day 1 and selling after 1-month of holdin...

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, tod...

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 securiti...

As April 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.625 to 8.375 percent. Here is a comparison, against highest quality preferred stocks in our coverage universe, as ranked by our internal...

Nineteen out of 23 CEF sectors are positive on price and 21 out of 23 sectors positive on NAV last week. THW rights offering concludes and was undersubscribed. GUT's and CLM/CRF's rights offerings commentary. IRR will liquidate in another Saba victory, while IID was successful...

OFS Credit (OCCI) plans to offer shares of its Series C Term Preferred Stock in an underwritten public offering.Price and offer terms are yet to be determined.The company has applied to list the Preferred Stock on the Nasdaq under the symbol, "OCCIO"; expects to commence trading within 30 day...

OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIP) announced today that it plans to offer shares of its Series C Term Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Pref...

OFS Credit Company (OCCI) -6% premarket on pricing 1.025M shares of its common stock at $14.67 per share.Underwriters' over-allotment is an additional 153,750 shares.Offering is expected to close on March 30. Net proceeds of ~$14.14M (or ~$16.3M if underwriters exercise their option...

OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIP) announced today that it has priced its previously announced underwritten public offering of shares of its common stock. The Company agreed to sell 1,025,000 shares of its common stock at a price to the public o...

OFS Credit (OCCI) trades 2.5% down after hours on commencing an underwritten public offering of shares; underwriters granted option to purchase up to an additional 15% of the shares.Offer size, terms not yet disclosed.Net proceeds to be used for acquiring investments in accordance with i...