tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OFS Capital Enters Underwriting Agreement for $69M Notes

Story Highlights
OFS Capital Enters Underwriting Agreement for $69M Notes

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

OFS Capital ( (OFS) ) has issued an announcement.

On July 16, 2025, OFS Capital Corporation entered into an underwriting agreement with several financial entities, including Goldman Sachs, for the issuance and sale of $69 million in 7.50% notes due in 2028. This strategic move is expected to enhance OFS Capital’s financial positioning and provide additional resources for its operations, potentially impacting its market presence and stakeholder interests.

Spark’s Take on OFS Stock

According to Spark, TipRanks’ AI Analyst, OFS is a Outperform.

OFS Capital’s overall stock score reflects a strong financial foundation with high profitability and attractive valuation metrics. However, concerns about declining revenue, cash flow issues, and economic uncertainties weigh on the score. The stock’s upward technical momentum and high dividend yield provide potential for returns, balancing the challenges highlighted in the earnings call.

To see Spark’s full report on OFS stock, click here.

More about OFS Capital

OFS Capital Corporation is a financial services company based in Delaware, focusing on providing capital solutions and investment management services. The company operates primarily in the financial sector, offering a range of investment products and services to its clients.

Average Trading Volume: 48,314

Technical Sentiment Signal: Strong Buy

Current Market Cap: $113.6M

For detailed information about OFS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1