Oxford Lane Capital plans to price notes via three bookrunners

By Wendy Van Sickle

Columbus, Ohio, Jan. 4 – Oxford Lane Capital Corp. plans to price an offering of $25-par notes, according to a news release and a 424B5 filing with the Securities and Exchange Commission.

There will be a 30-day greenshoe.

Interest will be payable quarterly.

Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc. and William Blair & Co., LLC are the joint bookrunners.

InspereX LLC and Wedbush Securities Inc. are the lead managers.

The company plans to use proceeds for acquiring investments in accordance with its investment objective and strategies and for general working capital purposes.

Oxford Lane is a Greenwich, Conn.-based closed-end management investment company.

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