Oxford Lane Capital Prices $35.8 Million Preferred Stock Offering
Oxford Lane Capital (OXLC) has announced the pricing of its latest preferred stock offering, consisting of 1.44 million shares of 8.25% Series 2031 Term Preferred Shares. The shares are priced at $24.85 each, resulting in total gross proceeds of approximately $35.8 million. The offering includes a 30-day option for underwriters to purchase additional shares. This capital raise is part of the company's ongoing financing activities to support its investment operations.
Tickers: $OXLC
Topics: Capital Raising Preferred Shares Securities Offering