Oxford Lane Capital Corp. Prices Public Offering of $165,000,000 7.95% Notes Due 2032
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Oxford Lane Capital Corp. has announced a public offering of $165 million in 7.95% unsecured notes due 2032. The notes are set to mature on February 29, 2032, with interest payable quarterly starting June 30, 2025.
February 20, 2025 | 1:15 pm
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Oxford Lane Capital Corp. has priced a $165 million public offering of 7.95% unsecured notes due 2032, which could impact its financial structure and investor interest.
The issuance of $165 million in notes at a 7.95% interest rate suggests a strategic move to raise capital, which could be used for growth or debt management. This offering may attract investors seeking fixed income, potentially boosting the stock price.
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