Oxford Lane Capital announced an underwritten public offering of newly designated Series 2031 term preferred shares, with pricing and other terms to be set through negotiations with the underwriters. The company said it expects to use the net proceeds to repay outstanding indebtedness and/or for general working capital purposes. Lucid Capital Markets and Piper Sandler are joint book-running managers, with Clear Street, InspereX and William Blair acting as lead managers. The preferred shares are expected to be listed on the Nasdaq Global Select Market and begin trading within 30 days of the original issue date.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oxford Lane Capital Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603120830PRIMZONEFULLFEED9670911) on March 12, 2026, and is solely responsible for the information contained therein.
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