Wednesday, February 05, 2020 1:49:43 AM
Oxford Lane plans offering new series of preferred shares
Feb. 4, 2020 4:06 PMOxford Lane Capital (OXLC)By: Liz Kiesche, SA News Editor
Oxford Lane Capital (NASDAQ:OXLC) plans to offer its newly designated series 2027 term preferred shares in a public offering.
The offering price and other terms are to be determined by negotiations between the company and the underwriters.
Plans to grant additional shares of preferred stock via greenshoe option.
Intends to use proceeds for acquiring investments in the company’s investment objective and strategies, general working capital purposes and/or to redeem a portion of its outstanding 7.50% series 2023 term preferred shares.
As of Feb. 3, 2020, OXLC had ~$90.4M in aggregate principal value outstanding of its series 2023 term preferred shares.
Recent OXLC News
- Oxford Lane Capital Corp. Schedules Fourth Fiscal Quarter Earnings Release and Conference Call for May 14, 2024 • GlobeNewswire Inc. • 05/07/2024 12:00:00 PM
- Oxford Lane Capital Corp. Provides Preliminary Estimates and Financial Highlights for the Fourth Fiscal Quarter 2024 • GlobeNewswire Inc. • 04/17/2024 12:00:00 PM
- Oxford Lane Capital Corp. Provides February Net Asset Value Update • GlobeNewswire Inc. • 03/07/2024 01:00:00 PM
- Oxford Lane Capital Corp. Provides January Net Asset Value Update • GlobeNewswire Inc. • 02/08/2024 01:00:00 PM
- Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the Third Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending April, May, and June 2024 • GlobeNewswire Inc. • 01/26/2024 01:00:00 PM
- Oxford Lane Capital Corp. Schedules Third Fiscal Quarter Earnings Release and Conference Call for January 26, 2024 • GlobeNewswire Inc. • 01/19/2024 09:00:00 PM
- Oxford Lane Capital Corp. Provides November Net Asset Value Update • GlobeNewswire Inc. • 12/07/2023 01:00:00 PM
- Oxford Lane Capital Corp. Provides October Net Asset Value Update • GlobeNewswire Inc. • 11/13/2023 01:00:00 PM
- Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the Second Fiscal Quarter and Notes its Previously Announced Distributions on Common Stock for the Months Ending January 31, February 29, and March 31, 2024 • GlobeNewswire Inc. • 11/01/2023 12:00:00 PM
- Oxford Lane Capital Corp. Announces Declaration of Distributions on Common Stock for the Months Ending January 31, February 29, and March 31, 2024 • GlobeNewswire Inc. • 10/27/2023 12:00:00 PM
- Oxford Lane Capital Corp. Schedules Second Fiscal Quarter Earnings Release and Conference Call for November 1, 2023 • GlobeNewswire Inc. • 10/25/2023 08:06:28 PM
- Oxford Lane Capital Corp. Provides August Net Asset Value Update • GlobeNewswire Inc. • 09/08/2023 12:00:00 PM
- Oxford Lane Capital Corp. Provides July Net Asset Value Update • GlobeNewswire Inc. • 08/04/2023 12:00:00 PM
- Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the First Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending October, November, and December 2023 • GlobeNewswire Inc. • 07/31/2023 12:00:00 PM
- Oxford Lane Capital Corp. Schedules First Fiscal Quarter Earnings Release and Conference Call for July 31, 2023 • GlobeNewswire Inc. • 07/24/2023 09:12:16 PM
- Oxford Lane Capital Corp. Provides May Net Asset Value Update • GlobeNewswire Inc. • 06/06/2023 12:00:00 PM
- Oxford Lane Capital Corp. Provides April Net Asset Value Update • GlobeNewswire Inc. • 05/18/2023 12:00:00 PM
- Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the Fourth Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending July, August, and September 2023 • GlobeNewswire Inc. • 05/16/2023 12:00:00 PM
- Oxford Lane Capital Corp. Schedules Fourth Fiscal Quarter Earnings Release and Conference Call for May 16, 2023 • GlobeNewswire Inc. • 05/15/2023 12:00:00 PM
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