Oxford Lane Capital Corp (OXLCO) 24.53 $OXLCO
Oxford Lane Capital Corp. Prices Preferred Stock Offering
Marketwired - Thu Nov 20, 4:15PM CST
Oxford Lane Capital Corp. (the "Company"
(NASDAQ: OXLC) (NASDAQ: OXLCP) (NASDAQ: OXLCO) (NASDAQ: OXLCN) today announced that it has priced an underwritten public offering of 1,000,000 shares of its 8.125% Series 2024 Term Preferred Stock (the "Preferred Stock" at a public offering price of $25.00 per share, raising $25 million in gross proceeds. The Company has also granted the underwriters a 30-day option to purchase up to 150,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The closing of the transaction is subject to customary closing conditions and the shares are expected to be delivered on November 25, 2014. The Preferred Stock is listed on the NASDAQ Global Select Market under the symbol "OXLCN."
OXLC: 15.22 (-0.12), OXLCN: 25.33 (+0.05), OXLCO: 24.53 (-0.07), LTS: 3.92 (-0.02)
Oxford Lane Capital Corp. Announces Preferred Stock Offering
Marketwired - Thu Nov 20, 8:15AM CST
Oxford Lane Capital Corp. (the "Company" (NASDAQ: OXLC) (NASDAQ: OXLCP) (NASDAQ: OXLCO) and (NASDAQ: OXLCN) today announced that it plans to offer shares of its Series 2024 Term Preferred Shares (the "Preferred Stock" in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The Preferred Stock is listed on the NASDAQ Global Select Market under the symbol "OXLCN."
OXLC: 15.22 (-0.12), OXLCN: 25.33 (+0.05), OXLCO: 24.53 (-0.07), LTS: 3.92 (-0.02)
Oxford Lane Capital Corp. Adopts Stock Repurchase Program
Marketwired - Thu Oct 09, 3:01PM CDT
Oxford Lane Capital Corp. ("Oxford Lane" or "Company" (NASDAQ: OXLC) (NASDAQ: OXLCP) (NASDAQ: OXLCO) announced today that the Company's board of directors has authorized a program for the purpose of repurchasing up to $35 million worth of its common stock. Under the repurchase program, the Company may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that the Company complies with the prohibitions under its Insider Trading Policies and Procedures and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing constraints. Unless extended by the Company's board of directors, the Company expects the repurchase program to be in place until the earlier of March 31, 2015 or until $35 million of the Company's outstanding shares of common stock have been repurchased.
OXLCP: 25.36 (-0.06), OXLC: 15.22 (-0.12), OXLCO: 24.53 (-0.07)
Oxford Lane Capital Corp. Prices Preferred Stock Offering
Marketwired - Thu Nov 20, 4:15PM CST
Oxford Lane Capital Corp. (the "Company"
(NASDAQ: OXLC) (NASDAQ: OXLCP) (NASDAQ: OXLCO) (NASDAQ: OXLCN) today announced that it has priced an underwritten public offering of 1,000,000 shares of its 8.125% Series 2024 Term Preferred Stock (the "Preferred Stock" at a public offering price of $25.00 per share, raising $25 million in gross proceeds. The Company has also granted the underwriters a 30-day option to purchase up to 150,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The closing of the transaction is subject to customary closing conditions and the shares are expected to be delivered on November 25, 2014. The Preferred Stock is listed on the NASDAQ Global Select Market under the symbol "OXLCN." OXLC: 15.22 (-0.12), OXLCN: 25.33 (+0.05), OXLCO: 24.53 (-0.07), LTS: 3.92 (-0.02)
Oxford Lane Capital Corp. Announces Preferred Stock Offering
Marketwired - Thu Nov 20, 8:15AM CST
Oxford Lane Capital Corp. (the "Company"
(NASDAQ: OXLC) (NASDAQ: OXLCP) (NASDAQ: OXLCO) and (NASDAQ: OXLCN) today announced that it plans to offer shares of its Series 2024 Term Preferred Shares (the "Preferred Stock" in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The Preferred Stock is listed on the NASDAQ Global Select Market under the symbol "OXLCN." OXLC: 15.22 (-0.12), OXLCN: 25.33 (+0.05), OXLCO: 24.53 (-0.07), LTS: 3.92 (-0.02)
Oxford Lane Capital Corp. Adopts Stock Repurchase Program
Marketwired - Thu Oct 09, 3:01PM CDT
Oxford Lane Capital Corp. ("Oxford Lane" or "Company"
(NASDAQ: OXLC) (NASDAQ: OXLCP) (NASDAQ: OXLCO) announced today that the Company's board of directors has authorized a program for the purpose of repurchasing up to $35 million worth of its common stock. Under the repurchase program, the Company may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that the Company complies with the prohibitions under its Insider Trading Policies and Procedures and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing constraints. Unless extended by the Company's board of directors, the Company expects the repurchase program to be in place until the earlier of March 31, 2015 or until $35 million of the Company's outstanding shares of common stock have been repurchased. OXLCP: 25.36 (-0.06), OXLC: 15.22 (-0.12), OXLCO: 24.53 (-0.07)
