Business Wire·Nov 4, 2025, 5:00 PM ET

OFS Credit Company Executes Master Repurchase Agreement

OFS Credit Company, Inc. entered into a Master Repurchase Agreement with Nomura Securities International, Inc. for the purchase & sale of collateralized loan obligation securities.
The Repurchase Facility authorizes up to $25 million in Repo Transactions to be executed via transaction confirmations.
Under the agreement, OFS Credit must repurchase CLO securities from Nomura at the end of each term, with the repurchase amount equal to the original price plus a predetermined differential.
The agreement includes covenants requiring OFS Credit to maintain net asset value above specific thresholds & to cure any margin deficits upon Nomura's request.
An event of default may result in termination of the facility & acceleration of outstanding transactions to be immediately due.
As of November 4, 2025, no Repo Transactions have been executed under the Repurchase Facility.
OFS Credit is a non-diversified, externally managed closed-end investment company managed by OFS Capital Management, LLC, with primary focus on CLO equity & debt securities.