OFS Credit (OCCI) Commences Public Offering of Common Stock

OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIP) announced today that it has commenced an underwritten public offering of shares of its common stock. In connection with the proposed offering, the Company intends to grant the underwriters for the offering an option to purchase up to an additional 15% of the shares of the Company’s common stock sold to cover over-allotments, if any. The final terms of the offering will depend on market and other conditions at the time of pricing, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The Company intends to use the net proceeds of the offering to acquire investments in accordance with its investment objectives and strategies, to redeem all or a portion of its outstanding 6.875% Series A Term Preferred Stock due 2024 and/or 6.60% Series B Term Preferred Stock due 2023 and for general working capital purposes.

National Securities Corporation, B. Riley Securities, Inc., and Ladenburg Thalmann & Co. Inc. are acting as joint book-running managers for the offering. Maxim Group LLC and Aegis Capital Corp. are acting as lead managers for the offering. Newbridge Securities Corporation and JonesTrading Institutional Services LLC are acting as co-managers for the offering.

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