BDC Oxford Lane Capital Sells More 2024 Term Preferred

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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.

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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.

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Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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