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Published on 7/28/2014 in the Prospect News Bank Loan Daily.

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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