Company: OXLCZ
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001213900-25-015045
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Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-19
Form: 424B2
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The information in this preliminary prospectus supplement is not complete and may be changed. A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities and are not soliciting an offer to buy these securities in any state where the offer or sale is not permitted. Filed pursuant to Rule 424(b)(2)
File No. 333-283109 PRELIMINARY PROSPECTUS SUPPLEMENT, SUBJECT TO COMPLETION, DATED FEBRUARY 19, 2025 PRELIMINARY PROSPECTUS SUPPLEMENT (to Prospectus dated November 8, 2024) Oxford Lane Capital Corp. $ % Notes due 2032 __________________________ We are a closed -endmanagement investment company that has registered as an investment company under the Investment Company Act of 1940, or the “1940 Act.” Our investment objective is to maximize our portfolio’s risk -adjustedtotal return. We have implemented our investment objective by purchasing portions of equity and junior debt tranches of collateralized loan obligation, or “CLO,” vehicles. Structurally, CLO vehicles are entities formed to originate and/or acquire a portfolio of loans. We are offering $ million in aggregate principal amount of % notes due 2032 which we refer to as the “Notes.” The Notes will mature on , 2032. We will pay interest on the Notes on ,,, andeach year, beginning on, 2025. We may redeem the Notes in whole or in part at any time, or from time to time on or after, 2030 at the redemption price of par, plus accrued interest, as discussed under the caption “Description of the Notes — Optional Redemption” in this prospectus supplement. The Notes will be issued in minimum denominations of $25 and integral multiples of $25 in excess thereof. An investment in the Notes is subject to significant risks and involves a heightened risk of total loss of investment. The interests of the CLO securities in which we invest are subject to a high degree of special risks, including: CLO structures are highly complicated and may be subject to disadvantageous tax treatment; CLO vehicles are highly levered (with CLO equity securities typically being leveraged between nine and thirteen times) and are made up of below investment grade loans in which we typically have a residual interest that is much riskier than the loans that make up the CLO vehicle; and the market