OFS Capital Corporation announced that its indirect wholly owned subsidiary, OFSCC-FS, LLC, has executed an amendment to its existing revolving credit and security agreement with BNP Paribas, serving as administrative agent, and other lenders. The BNP Credit Facility allows for borrowings up to $80 million. The amendment updates the definition of "Portfolio Advance Rate Adjustment" with new percentages based on the Diversity Score for various periods, permits the purchase of additional collateral loans during and after the reinvestment period under certain conditions, and allows the equityholder to contribute certain eligible collateral loans to the borrower with consent from the administrative agent.
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