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Oxford Lane Capital (NasdaqGS: OXLC / OXLCP) announced a full redemption of its 6.25% Series 2027 Term Preferred Stock (OXLCP). The Company will redeem all 724,806 shares on June 1, 2026 at a redemption price of $25.00 per share, for an aggregate redemption of approximately $18.1 million.
The shares are held in book-entry form at DTC and will be redeemed per DTC procedures; redeemed shares will be delisted and holders will not receive distributions on or after the Redemption Date.