Oxford Lane Capital: 2029 Term Preferreds Offer 8.1% Yield To Maturity
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Oxford Lane Capital's 2029 term preferred shares offer an 8.1% yield to maturity. The company's strong net investment income and strategy of issuing new common shares enhance its financial stability and asset coverage ratio.
December 14, 2024 | 5:00 pm
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Oxford Lane Capital's 2029 term preferred shares offer an 8.1% yield to maturity, supported by strong net investment income and a strategy to enhance asset coverage ratio.
The article highlights the attractiveness of Oxford Lane Capital's term preferred shares due to their high yield and the company's strong financial performance. The strategy of issuing new common shares to improve the asset coverage ratio further supports the stability and appeal of these securities, likely leading to positive investor sentiment and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100