Oxford Lane Calls Remaining $40 Million in 5% Notes for Redemption

Oxford Lane Capital Corp. has called all of its remaining $40 million in 5% notes due 2027 for redemption on Dec. 4, setting a fixed payment ahead of the notes’ delisting. The notes trade on Nasdaq under ticker OXLCZ. Holders are scheduled to receive $25 per note, plus accrued and unpaid interest for the period from Sept. 30 through Dec. 3. The notes will be delisted from Nasdaq’s Global Select Market after redemption. The redemption is scheduled and has not yet occurred. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost