The Company announced that it has priced an underwritten public offering of an additional 1,440,000 shares of its 8.25% Series 2031 Term Preferred Shares (the “Preferred Stock”) at a public offering price of $24.85 per share, raising $35,784,000 in gross proceeds. The Company has also granted the underwriters a 30-day option to purchase up to 216,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The Preferred Stock is a further issuance of the Company’s 8.25% Series 2031 Term Preferred Shares, which the Company issued on March 20, 2026 (the “Existing Preferred Stock”). The Preferred Stock will be treated as a single series with the Existing Preferred Stock and will have the same terms as the Existing Preferred Stock. The Preferred Stock will have the same CUSIP as the Existing Preferred Stock. Upon the issuance of the Preferred Stock, there will be 4,200,000 8.25% Series 2031 Term Preferred Shares outstanding. The closing of the transaction is subject to customary closing conditions, and the shares are expected to be delivered on October 23, 2026. The 8.25% Series 2031 Term Preferred Stock is listed on the NASDAQ Global Select Market under the symbol “OXLCM.” As of 2026-10-22, the Fund’s leverage was 39.4% and Collateralized Loan Obligation Group leverage was 36.5%.
Oxford Lane Cap Corp
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