Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 55

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 55
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00% UNSECURED NOTES DUE 2027 On January 13, 2022, the Fund completed an underwritten public offering, including the full exercise of the underwriters’ 30 -dayoverallotment option, of approximately $ 100.0million in aggregate principal amount of 5.00% Unsecured Notes due 2027 (the “5.00% Notes”). The 5.00% Notes will mature on January 31, 2027 and may be redeemed in whole or in part at any time or from time to time at the Fund’s option on or after January 31, 2024. The 5.00% Notes bear interest at a rate of 5.00% per year, payable quarterly on March 31, June 30, September 30, and December 31, of each year, commencing March 31, 2022. The aggregate accrued interest payable on the 5.00% Notes as of September 30, 2025, was approximately $13,889. As of September 30, 2025, the Fund had unamortized deferred debt issuance costs of approximately $0.9 million, relating to the 5.00% Notes. The deferred debt issuance costs are being amortized over the term of the 5.00% 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 5.66%. The interest expense paid for the six months ended September 30, 2025 was approximately $2.5 million. NOTES PAYABLE — 8.75% UNSECURED NOTES DUE 2030 On July 8, 2024, the Fund completed an underwritten public offering, including the full exercise of the underwriters’ 30 -dayoverallotment option, of approximately $ 115.0million in aggregate principal amount of 8.75% Unsecured Notes due 2030 (the “8.75% Notes”). The 8.75% Notes will mature on June 30, 2030 and may be redeemed in whole or in part at any time or from time to time at the Fund’s option on or after June 30, 2028. The 8.75% Notes bear interest at a rate of 8.75% per year payable quarterly on March 31, June 30, September 30, and December