Oxford Lane Capital Corp. Announces Partial Redemption of 5.00% Notes Due 2027
Oxford Lane Capital (OXLC) will partially redeem $30 million of its 5.00% Notes due 2027 (ticker OXLCZ) on October 2, 2026.
Rhea-AI Summary
Oxford Lane Capital (OXLC) will partially redeem $30 million of its 5.00% Notes due 2027 (ticker OXLCZ) on October 2, 2026.
The redemption covers $30,000,000 aggregate principal at a price of $25 per Note plus accrued and unpaid interest from September 30, 2026 to, but not including, the Redemption Date. After redemption, holders’ sole right is to receive the redemption payment under standard DTC procedures.
Positive
- Partial debt redemption of $30,000,000 principal of 5.00% Notes due 2027
- Redemption price set at $25 per Note plus accrued interest through October 1, 2026
Negative
- Noteholders lose entitlement to interest on redeemed Notes on and after October 2, 2026
- After October 2, 2026, holders’ only remaining right is the redemption payment
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREENWICH, Conn., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI, OXLCG and OXLCM) (the “Company,” “we,” “us” or “our”) announced today that it has called for the redemption of a portion (
The Notes are held in book-entry form through The Depository Trust Company (“DTC”) and will be redeemed in accordance with the procedures of DTC. Holders of the Notes will not be entitled to receive interest on those Notes on or after the Redemption Date. Following redemption, the sole remaining right of holders of the Notes shall be to receive payment of the Redemption Payment upon presentation and surrender of such Notes to the Trustee in its capacity as paying agent.
About Oxford Lane Capital Corp.
Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of CLO vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.
Forward-Looking Statements
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events, except as may be required by law.
Contact:
Bruce Rubin
203-983-5280
Source: Oxford Lane Capital Corp.
