OXLCG: A 7.95% Baby Bond IPO From Oxford Lane Capital
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Oxford Lane Capital Corporation has launched a new baby bond, OXLCG, with a 7.95% annual interest rate, maturing in 2032. The bond is trading at $24.62, yielding 8.49% to maturity, and is seen as an attractive fixed-income investment due to Oxford Lane's strong dividend history and regulatory compliance.
March 03, 2025 | 4:45 pm
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POSITIVE IMPACT
Oxford Lane Capital's new baby bond, OXLCG, offers a high yield and is trading at a discount, making it an attractive investment. The company's strong dividend history and regulatory compliance enhance its appeal.
The introduction of OXLCG with a high yield and trading at a discount is likely to attract investors, potentially boosting Oxford Lane Capital's stock. The company's strong dividend history and regulatory compliance further support investor confidence.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90