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OXLCP

Oxford Lane Capital Corp.

https://www.oxfordlanecapital.com

Industry

Asset Management

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.

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Oxford Lane Capital Corp. (NASDAQ:OXLC) has announced a $100 million public offering of 8.75% unsecured notes due 2030. The proceeds will be used to acquire investments and for general working capital. The notes will be listed on NASDAQ under the symbol 'OXLCI'.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:00 am

Oxford Lane Capital Corp. announced preliminary Q4 financial highlights, including core net investment income of $0.32-$0.38 per share, and cash equivalents of approximately $43M. The company also provided details on distributions, shares, and portfolio investments, with full Q4 results expected in May 2024. Core net investment income is adjusted for cash distributions from CLO equity investments, a non-GAAP measure aimed at providing a clearer picture of financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:21 pm

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