Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 57

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 57
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 of the 7.95% Notes and are included in interest expense in the statement of operations. The effective annualized interest rate for the six months ended September 30, 2025 was approximately 8.37%. The interest expense paid for the six months ended September 30, 2025 was approximately $8.7 million. NOTE 10. PURCHASES, SALES AND REPAYMENTS OF SECURITIES During the six months ended September 30, 2025, purchases of securities totaled approximately $587.1 million including approximately $6.5 million of unsettled purchases. In addition, during the six months ended September 30, 2025, the Fund’s sales of securities totaled approximately $112.1 million and did not have any unsettled sales. The Fund had approximately $182.2 million in repayments, excluding short -terminvestments, during the six months ended September 30, 2025. NOTE 11. COMMITMENTS AND CONTINGENCIES As of September 30, 2025, the Fund had six commitments related to AIMCO CLO26, Ltd. preferred shares of approximately $0.4 million; Ares CLO Warehouse 2025 -1Ltd. subordinated warehouse notes of approximately $7.1 million; Carlyle US CLO 2025 -E, Ltd. subordinated warehouse notes of approximately $14.2 million; CIFC Ravello Warehouse, Ltd. preferred shares of approximately $9.3 million; Sculptor CLO XXXVII, Ltd. subordinated warehouse notes of approximately $2.7 million and Verona Park CLO, Ltd. subordinated warehouse notes of approximately $10.1 million. The total commitment amount does not necessarily represent future cash requirements. The Fund is not currently subject to any material legal proceedings. From time to time, the Fund may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of the Fund’s rights under contracts with its portfolio companies. While the outcomes of these legal proceedings, if any, cannot be predicted with certainty, the Fund does not expect that these proceedings will have a material effect upon its financial condition or results of operations. NOTE 12. INDEMNIFICATION Under the Fund’s organizational documents, the Fund’s officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund. In addition, in the normal course of business, the Fund enters into contracts that contain a variety of representations which