04:05 AM EDT, 07/17/2025 (MT Newswires) -- OFS Capital ( OFS ) said late Wednesday it priced a public offering of $60 million worth of 7.50% notes due 2028.

The company has granted underwriters a 30-day option to purchase an additional $9 million worth of notes to cover any overallotments.

The debt offering will result in net proceeds of about $58.5 million, or about $67.3 million if the underwriters fully exercise their overallotment option, the company said.

OFS Capital ( OFS ) intends to use the net proceeds to partially redeem its 4.75% notes due 2026.

The offering is expected to close on July 23.