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OFS Capital amends revolving facility to reduce size to $125 million
By Jennifer Chiou
New York, July 28 – OFS Capital Corp. wholly owned subsidiary OFS Capital WM, LLC amended its senior secured revolving credit facility via Wells Fargo Bank, NA, reducing the size to $125 million from $135 million, according to an 8-K press release.
In addition, the company said that the calculation of the borrowing base was adjusted and the minimum equity requirement was lowered to $35 million from $50 million.
OFS Capital is an investment company based in Rolling Meadows, Ill.
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