Company: OXLCZ
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001213900-25-015045
Chunk: 29

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-19
Form: 424B2
Chunk 29
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 trading. (5) On July 24, 2015, the Company redeemed all issued and outstanding 8.50% Series 2017 Term Preferred Shares at the term redemption price. (6) On July 1, 2024, the Company redeemed all issued and outstanding 6.75% Series 2024 Term Preferred Shares issued at the term redemption price. (7) On July 14, 2017, the Company redeemed all issued and outstanding 8.125% Series 2024 Term Preferred Shares at the term redemption price.

S-24 (8) On May 21, 2020, the Company’s Board of Directors authorized a program for the purpose of repurchasing up to $40 million worth of the outstanding shares of the Company’s 7.50% Series 2023 Term Preferred Stock, 6.75% Series 2024 Term Preferred Stock and 6.25% Series 2027 Term Preferred Stock. For the year ended March 31, 2021, the Company repurchased 134,606 shares of 7.50% Series 2023 Term Preferred Stock for a total of approximately $3.2 million, 4,400 shares of 6.75% Series 2024 Term Preferred Stock for a total of approximately $0.1 million, and 139,194 shares of 6.25% Series 2027 Term Preferred Stock, for a total of approximately $3.1 million. (9) On May 15, 2020, the Company elected, at its option, to repay and terminate its $40.0 million repurchase agreement with Nomura. The Company repurchased all of the previously sold CLO securities from Nomura at a repurchase price of $40.0 million plus accrued funding costs. (10) On April 15, 2021, the Company redeemed all of the issued and outstanding 7.50% Series 2023 Term Preferred Stock at the term redemption price. S-25 DESCRIPTION OF THE NOTES The Notes will be issued under a base indenture, dated March 16, 2021, and the fourth supplemental indenture thereto to be entered into between us and the U.S. Bank Trust Company, National Association, as trustee. We refer to the indenture, as well as the supplemental indenture thereto, as the indenture and to U.S. Bank Trust Company, National Association as the trustee. The Notes are governed by the indenture, as