Form 4: Eagle Point Credit Management Reports Transaction in OFS Credit Company, Inc.

Eagle Point Credit Management LLC reports the acquisition of 1,375 shares of 5.25% Series E Term Preferred Stock due 2026 in OFS Credit Company, Inc.

Summary

• On September 19, 2024, Eagle Point Credit Management LLC acquired 1,375 shares of OFS Credit Company, Inc.'s 5.25% Series E Term Preferred Stock due 2026 at a price of $23.52 per share.
• Following the transaction, Eagle Point Credit Management LLC indirectly owns 31,107 shares of the 5.25% Series E Term Preferred Stock due 2026 and 12,948 shares of the 6.125% Series C Term Preferred Stock due 2026.
• The shares are held by private investment funds managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC serving as the general partner to certain applicable funds.
• Both Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of the reported securities.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about changes in ownership.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell the company's securities. This filing indicates changes in the holdings of Eagle Point Credit Management LLC, a major shareholder of OFS Credit Company, Inc.

Stakeholder Impact

• Shareholders of OFS Credit Company, Inc. may be interested in this information as it reflects changes in the holdings of a major shareholder, Eagle Point Credit Management LLC.

Key Dates