-+ 0.00%
-+ 0.00%
-+ 0.00%

Oxford Lane corrects OXLCP partial redemption allocation method to DTC lottery

PUBT·04/13/2026 20:02:16
Listen to the news
Oxford Lane corrects OXLCP partial redemption allocation method to DTC lottery
  • Oxford Lane Capital issued a correction to its April 1 release to clarify the redemption method for a partial call of its 6.25% Series 2027 term preferred stock (OXLCP).
  • Depository Trust Company will allocate redemption of 2,800,000 shares by lottery across participant accounts.
  • Company plans to redeem those shares on May 1, 2026 at USD 25 per share.
  • Redeemed shares will stop accruing distributions on or after May 1, 2026.


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: 202604131601PRIMZONEFULLFEED9688834) on April 13, 2026, and is solely responsible for the information contained therein.