OFS Capital Corporation Announces Fourth Quarter and Full Year 2020 Financial Results
CHICAGO–(BUSINESS WIRE)–OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter and the full year ended December 31, 2020.
- Fourth quarter net investment income of $3.0 million, or $0.22 per common share.
- Full year 2020 net investment income of $12.3 million, or $0.92 per common share, providing a 107% distribution coverage.
- At December 31, 2020, 96% of our loan portfolio consisted of floating rate loans, based on fair value. 90% of our debt is fixed rate.
- At December 31, 2020, 56% of our debt is unsecured; 87% of our debt matures in 2025 and beyond.
- Closed investments in the fourth quarter of…