Oxford Square Capital Corp. Announces Offering of Notes
Oxford Square Capital (NASDAQ:OXSQ) has announced a registered public offering of notes. The company plans to grant underwriters a 30-day over-allotment option to purchase additional notes. The notes are expected to be listed on the NASDAQ Global Select Market within 30 days of issuance.
The proceeds will be used to repay existing debt, acquire new investments aligned with the company's objectives, and for general corporate purposes. Lucid Capital Markets and Piper Sandler are serving as joint book-running managers, while Clear Street, InspereX, Janney Montgomery Scott, and William Blair are acting as lead managers for the offering.
Oxford Square Capital (NASDAQ:OXSQ) ha annunciato un'offerta pubblica registrata di obbligazioni. La società prevede di concedere agli underwriter un opzione di sovrassegnazione di 30 giorni per l'acquisto di obbligazioni aggiuntive. Le obbligazioni dovrebbero essere quotate sul NASDAQ Global Select Market entro 30 giorni dall'emissione.
Il ricavato sarà utilizzato per rimborsare debiti esistenti, acquisire nuovi investimenti in linea con gli obiettivi aziendali e per scopi societari generali. Lucid Capital Markets e Piper Sandler agiranno come joint book-running managers, mentre Clear Street, InspereX, Janney Montgomery Scott e William Blair saranno i lead manager dell'offerta.
Oxford Square Capital (NASDAQ:OXSQ) ha anunciado una oferta pública registrada de bonos. La compañía planea otorgar a los suscriptores una opción de sobreasignación de 30 días para comprar bonos adicionales. Se espera que los bonos se coticen en el NASDAQ Global Select Market dentro de los 30 días posteriores a la emisión.
Los ingresos se utilizarán para pagar deuda existente, adquirir nuevas inversiones alineadas con los objetivos de la empresa y para propósitos corporativos generales. Lucid Capital Markets y Piper Sandler actúan como gestores principales conjuntos, mientras que Clear Street, InspereX, Janney Montgomery Scott y William Blair son los gestores líderes de la oferta.
Oxford Square Capital (NASDAQ:OXSQ)가 등록 공모채 발행을 발표했습니다. 회사는 인수인에게 30일간의 초과배정 옵션을 부여하여 추가 채권을 구매할 계획입니다. 채권은 발행 후 30일 이내에 NASDAQ 글로벌 셀렉트 마켓에 상장될 예정입니다.
수익금은 기존 부채 상환, 회사 목표에 부합하는 신규 투자 취득, 그리고 일반 기업 목적에 사용될 예정입니다. Lucid Capital Markets와 Piper Sandler가 공동 주관사로 활동하며, Clear Street, InspereX, Janney Montgomery Scott, William Blair가 대표 주관사로 참여합니다.
Oxford Square Capital (NASDAQ:OXSQ) a annoncé une offre publique enregistrée d'obligations. La société prévoit d'accorder aux souscripteurs une option de surallocation de 30 jours pour acheter des obligations supplémentaires. Les obligations devraient être cotées sur le NASDAQ Global Select Market dans les 30 jours suivant l'émission.
Les fonds récoltés seront utilisés pour rembourser la dette existante, acquérir de nouveaux investissements alignés avec les objectifs de l'entreprise, et pour des besoins généraux de la société. Lucid Capital Markets et Piper Sandler agissent en tant que gestionnaires principaux conjoints, tandis que Clear Street, InspereX, Janney Montgomery Scott et William Blair sont les chefs de file de l'offre.
Oxford Square Capital (NASDAQ:OXSQ) hat eine registrierte öffentliche Anleiheemission angekündigt. Das Unternehmen plant, den Underwritern eine 30-tägige Mehrzuteilungsoption zum Kauf zusätzlicher Anleihen zu gewähren. Die Anleihen sollen innerhalb von 30 Tagen nach Ausgabe an der NASDAQ Global Select Market notiert werden.
Die Erlöse werden verwendet, um bestehende Schulden zu tilgen, neue Investitionen im Einklang mit den Unternehmenszielen zu tätigen und für allgemeine Unternehmenszwecke. Lucid Capital Markets und Piper Sandler fungieren als gemeinsame Bookrunner, während Clear Street, InspereX, Janney Montgomery Scott und William Blair als Lead-Manager der Emission agieren.
- Potential to strengthen investment portfolio through new acquisitions
- Opportunity to restructure debt obligations
- Notes will provide additional liquidity through NASDAQ listing
- Potential dilution for existing shareholders
- Additional debt burden on the company's balance sheet
- Interest payments on notes will increase financial obligations
GREENWICH, Conn., July 31, 2025 (GLOBE NEWSWIRE) -- Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQG) (NasdaqGS: OXSQZ) (the “Company”) today announced the commencement of a registered public offering of notes (the “Notes”). The public offering price and other terms of the Notes are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional Notes on the same terms and conditions to cover over-allotments, if any.
The Notes are expected to be listed on the NASDAQ Global Select Market and to trade thereon within 30 days of the original issue date.
The Company expects to use the net proceeds from this offering to repay indebtedness, acquire investments in accordance with its investment objective and strategies and for general corporate purposes.
Lucid Capital Markets, LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering. Clear Street LLC, InspereX LLC, Janney Montgomery Scott LLC and William Blair & Company, L.L.C. are acting as lead managers for the offering.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
A shelf registration statement relating to these securities is on file with and has been declared effective by the Securities and Exchange Commission. The offering may be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained, when available, from the following investment banks: Lucid Capital Markets, LLC at 570 Lexington Ave, 40th Floor, New York, NY 10022, at telephone number (646) 362-0256, or via email at: Prospectus@lucidcm.com; and Piper Sandler & Co., 350 North 5th Street, Suite 1300, Minneapolis, MN 55402, Attention: Prospectus Department, or by telephone at (800) 747-3924, or by email at prospectus@psc.com. The preliminary prospectus supplement, dated July 31, 2025, and accompanying prospectus, dated September 26, 2022, each of which has been filed with the Securities and Exchange Commission, contain a description of these matters and other important information about the Company and should be read carefully before investing. Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the Company before investing.
About Oxford Square Capital Corp.
Oxford Square Capital Corp. is a publicly-traded business development company principally investing in syndicated bank loans and, to a lesser extent, debt and equity tranches of collateralized loan obligation (“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
FAQ
What is the purpose of OXSQ's notes offering in July 2025?
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When will OXSQ's new notes begin trading on NASDAQ?
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