Exhibit 99.1
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OFS CAPITAL CORPORATION ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS


Fourth Quarter Net Investment Income of $0.40 per common share Increased 38% year-over-year
Paid $1.36 per common share in Regular Distributions in 2018
Paid $0.37 per common share in additional Special Distributions in 2018

Chicago, IL-March 8, 2019-OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter and the full year ended December 31, 2018.

FINANCIAL HIGHLIGHTS

Fourth quarter net investment income of $5.3 million, or $0.40 per common share - an increase of 38% year-over-year and above the $0.34 quarterly distribution.
Full year 2018 net investment income of $18.4 million, or $1.38 per common share - an increase of 8% year-over-year and above the $1.36 regular distribution.
Paid $1.73 per share in distributions in 2018, inclusive of a $0.37 special distribution.
Closed investments in the fourth quarter of approximately $79.6 million.
Net asset value ("NAV") per share decreased to $13.10 at December 31, 2018 from $13.75 at September 30, 2018 due to unrealized depreciation of the portfolio. No new non-accruals.
At December 31, 2018, 88% of our loan portfolio consisted of senior secured loans, based on fair value.
On March 5, 2019, OFS Capital's Board of Directors declared a distribution of $0.34 per share for the first quarter of 2019, payable on March 29, 2019 to stockholders of record as of March 22, 2019.
"Our net investment income again exceeded our distribution," said Bilal Rashid, OFS Capital's Chairman and Chief Executive Officer. "We have declared 25 consecutive quarterly distributions of $0.34 per common share since our IPO in late 2012, which we believe places us in a select group of BDCs that have been able to maintain their distribution over this time. In total, we have declared $8.70 per common share in regular and special distributions and our net investment income over the last four years exceeded our regular distributions."
“We believe that the breadth and expertise of our advisor puts us in a strong position to benefit from the increase in the leverage allowance for BDCs and enhance our net investment income. Our commitment to capital preservation, and strong long-term performance is enhanced by the alignment of interests of our stockholders and our advisor, which owns approximately 22% of the outstanding OFS Capital common stock."

 













The following information was filed by Ofs Capital Corp (OFS) on Friday, March 8, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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