Reported Earlier, Oxford Lane Capital Raises $100M Via Public Offering Of 8.75% Notes Due 2030 To Acquire Investments
Reported Earlier, Oxford Lane Capital Raises $100M Via Public Offering Of 8.75% Notes Due 2030 To Acquire Investments
Oxford Lane Capital Corp. (NASDAQ:OXLC) (NASDAQ:OXLCM) (NASDAQ:OXLCP) (NASDAQ:OXLCL) (NASDAQ:OXLCO) (NASDAQ:OXLCZ) (NASDAQ:OXLCN) (the "Company") today announced that it has priced an underwritten public offering of $100,000,000 in aggregate principal amount of 8.75% unsecured notes due 2030. The notes will mature on June 30, 2030, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after June 30, 2028. The notes will bear interest at a rate of 8.75% per year payable quarterly on March 31, June 30, September 30, and December 31 of each year, commencing September 30, 2024.
Oxford Lane Capital Corp. (纳斯达克：OXLC) (纳斯达克：OXLCM) (纳斯达克：OXLCP) (纳斯达克：OXLCL) (纳斯达克：OXLCO) (纳斯达克：OXLCZ) (纳斯达克：OXLCN) 今天宣布定价1亿美元的8.75%无抵押票据的承销公开发行。票据到期日为2030年6月30日，并可于2028年6月30日或之后任何时间全部或部分赎回。票据的年利率为8.75%，每年3月31日，6月30日，9月30日和12月31日分期付息，从2024年9月30日开始。
The offering is expected to close on July 8, 2024, subject to customary closing conditions. The Company has granted the underwriters an option to purchase up to an additional $15,000,000 in aggregate principal amount of notes. 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 under the trading symbol "OXLCI".
该发行预计将于2024年7月8日结束，视惯例交割条件而定。公司已向承销商授予购买总额多达1500万美元票面金额的票据的选择权。这些票据预计将在发行后30天内在纳斯达克全球精选市场上上市，并在该市场以“OXLCI”交易。
The Company expects to use the net proceeds from this offering to acquire investments in accordance with its investment objective and strategies and for general working capital purposes.
该公司预计将利用本次发行的净收益，按照其投资目标和策略购买投资，并用于一般营运资金。