|This Slide: #36 of 100|
Slide #36. OFS Capital Corporation — SBIC Fund
OFS Capital Corporation (NASDAQ:OFS)
OFS Capital Corporation (NASDAQ:OFS), a business development company (BDC), announced today that it received approval from the Small Business Administration (SBA) to acquire the remaining limited and general partnership interests of Tamarix Capital Partners, L.P., a small business investment company (SBIC Fund). OFS Capital acquired the interests on December 4, 2013, which will result in the SBIC Fund becoming a wholly-owned drop-down subsidiary of OFS Capital. The drop-down is anticipated to be finalized within the next 30 days and is contingent on OFS Capital meeting the SBA's document delivery and capital funding requirements.
OFS Capital is an externally managed, closed-end, non-diversified management investment company. Co.'s investment objective is to provide its stockholders with both income and capital appreciation primarily through debt investments and, to a lesser extent, equity investments primarily in middle-market companies principally in the United States.
Open the OFS Page at The Online Investor »
Free OFS Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite