Company: OXLCZ
Filing Date: 2025-05-20
Form Type: N-CSR
Source: 0001213900-25-045605
Chunk: 39

Company: Oxford Lane Capital Corp.
Filing Date: 2025-05-20
Form: N-CSR
Chunk 39
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 February 28, 2030. The 7.95% Notes bear interest at a rate of 7.95% per year payable quarterly on March 31, June 30, September 30, and December 31, of each year, commencing June 30, 2025. The aggregate accrued interest payable on the 7.95% Notes as of March 31, 2025 was approximately $1.4 million. As of March 31, 2025, the Fund had unamortized deferred debt issuance costs of approximately $6.2 million, relating to the 7.95% Notes. The deferred debt issuance costs are being amortized over the term of the 7.95% Notes and are included in interest expense in the statement of operations. The effective annualized interest rate for the year ended March 31, 2025 was approximately 9.05%. The initial payment of interest expense will commence on June 30, 2025. NOTE 9. PURCHASES, SALES AND REPAYMENTS OF SECURITIES During the year ended March 31, 2025, purchases of securities totaled approximately $1.7billion including approximately $140.9 million of unsettled purchases. In addition, during the year ended March 31, 2025, the Fund’s sales of securities totaled approximately $38.0 million and did not have any unsettled sales. The Fund had approximately $388.4 million in repayments, excluding short -terminvestments, during the year ended March 31, 2025. NOTE 10. COMMITMENTS AND CONTINGENCIES As of March 31, 2025, the Fund had nine commitments related to AIMCO CLO26, Ltd. preferred shares of approximately $16.0 million, Carlyle US CLO 2025 -B, Ltd. subordinated notes of approximately $32.0 million, CIFC Ravello Warehouse Ltd. preferred shares of approximately $16.0million, Lafayette Funding IV, Ltd. preference shares of approximately $4.5million, Lakeside Park CLO, Ltd. subordinated notes of approximately $15.0, Magnetite XLV, Limited subordinated notes of approximately $25.0million, Magnetite50, Ltd. subordinated notes of approximately $16.0million, Onex CLO Subsidiary 2025 -F, Ltd. preference shares of approximately $44.5million, and Sculptor CLO