OFS Credit Company, Inc. (NASDAQ: OCCI) is a regulated investment company that is focused on generating current income and capital appreciation.
OFS Credit’s primary investment objective is to provide our shareholders with current income, with a secondary objective to generate capital appreciation.
Our investments in collateralized loan obligations (“CLOs”) are expected to be comprised primarily of investments in the equity tranches and, to a lesser extent, the subordinated debt tranches of CLOs. We intend to focus on securitization vehicles that pool portfolios of U.S. senior secured loans. The pools of underlying assets are often referred to as a CLO’s “collateral”, and the vast majority of the portfolio of most CLOs consists of first lien senior secured loans.