Oxford Lane to sell 2.25 million common shares through public offering

Deutsche Bank, Ladenburg Thalmann, Maxim, National Securities assist

By Devika Patel

Knoxville, Tenn., June 3 – Oxford Lane Capital Corp. said it will sell 2.25 million common shares in a public sale with a 30-day greenshoe of 337,500 additional shares.

Deutsche Bank Securities Inc. and Ladenburg Thalmann & Co. Inc. are the bookrunners; Maxim Group LLC and National Securities Corp. are the co-managers.

Proceeds will be used for investments and/or general working capital purposes.

Oxford Lane is a Greenwich, Conn.-based closed-end management investment company.

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