Oxford Lane calls all 7.5% series 2023 preferreds for redemption

By Wendy Van Sickle

Columbus, Ohio, Feb. 11 – Oxford Lane Capital Corp. called all of its outstanding 1.2 million shares of 7.5% series 2023 term preferred shares for redemption on March 12, according to a press release.

The redemption price will be $25.00 per share plus $0.05729167 in accrued dividends for a total redemption price of $30,068,750.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.