BDC Oxford Lane Capital Sells More 2024 Term Preferred
By: Tim McPartland,
Like many of you who have written to us today we have watched Oxford Lane Capital 8.125% Term Preferred (ticker:OXLCN) tumble 50 cents today. Oxford Lane has announced additional shares of this issue are being sold. This is NOT a new issue–just more shares of the older issue.
Details of the offering (original prospectus) are here. We think this is a chance to puck up a little on sale today if one desired.