Oct 30, 2026 earnings call — Sale of SBIC equity in Pfanstiehl
Company sold approximately 57% of SBIC I limited partnership interests for gross proceeds of $52.3 million.
Revenue $0.0B (est $0.0B) · EPS $0.05 (est $0.07)
Key quotes
"On October 6, we announced the sale of approximately 57% of the limited partnership interests in one of our subsidiaries, OFS SBIC I, LP, for gross proceeds of $52.3 million."
"We also continued to make progress on strengthening our balance sheet during the quarter, including the repayment of $31.4 million of outstanding debt and an improvement in our asset coverage ratio of 3 percentage points to 164%."
"While our focus is on current income and capital preservation by primarily investing in senior secured loans, we selectively make equity investments in borrowers where there is a significant growth potential."