Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 1

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 1
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 trading market may exist for the securities of CLO vehicles in which we may invest. Although a secondary market may exist for our investments in CLO vehicles, the market for our investments in CLO vehicles may be subject to irregular trading activity, wide bid/ask spreads and extended trade settlement periods. As a result, these types of investments may be more difficult to value. See “Risk Factors” beginning on page 15 of the accompanying prospectus and under similar headings in the documents that are incorporated by reference into this prospectus supplement and the accompanying prospectus, to read about factors you should consider, including the risk of leverage, before investing in our securities. Currently we have issued and outstanding 6.25% Series 2027 Term Preferred Shares (the “Series 2027 Term Preferred Shares”), 6.00% Series 2029 Term Preferred Shares (the “6.00% Series 2029 Term Preferred Shares”), 7.125% Series 2029 Term Preferred Shares (the “7.125% Series 2029 Term Preferred Shares” and, together with the Series 2027 Term Preferred Shares and the 6.00% Series 2029 Term Preferred Shares, the “Term Preferred Shares”) and the 6.75% Notes due 2031 (the “2031 Notes”), the 5.00% Notes due 2027 (the “2027 Notes”), and the 8.75% Notes due 2030 (the “2030 Notes”). There was $88.1 million of our Series 2027 Term Preferred Shares, $67.2 million of our 6.00% Series 2029 Term Preferred Shares, $63.8 million of our 7.125% Series 2029 Term Preferred Shares, Table of Contents and collectively $219.1 million of our Term Preferred Shares, issued and outstanding as of December 31, 2024. There was $100.0 million in aggregate principal amount of our 2031 Notes, $100.0 million in aggregate principal amount of our 2027 Notes, and $115.0 million in aggregate principal amount of our 2030 Notes issued and outstanding as of December 31, 2024. As of December 31, 2024, there were no accumulated but unpaid dividends on our Term Preferred Shares. Upon issuance, the Notes will be our direct, unsecured obligations, and rank senior in right of payment with all of our existing and future shares of common stock and preferred stock,