Oxford Lane Capital Corp. Announces Declaration of Distributions on Common Stock for the Months Ending January 31, February 29, and March 31, 2024
27 October 2023 - 11:00PM
Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM)
(NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS:
OXLCZ) (NasdaqGS: OXLCN) (“Oxford Lane,” the “Company,” “we,” “us”
or “our”) announced today that our Board of Directors declared the
following distributions on our common stock as follows:
Month Ending |
Record Date |
Payment Date |
Amount Per Share |
January 31, 2024 |
January 17, 2024 |
January 31, 2024 |
$0.08 |
February 29, 2024 |
February 15, 2024 |
February 29, 2024 |
$0.08 |
March 31, 2024 |
March 15, 2024 |
March 29, 2024 |
$0.08 |
The Company’s preliminary estimate of its net
asset value (“NAV”) per share for the quarter ended September 30,
2023 is $4.74 to $4.84, which is consistent with the range
previously announced by the Company in its unaudited estimate range
of NAV per share as of August 31, 2023.
The preliminary financial data included in this press release
has been prepared by, and is the responsibility of, Oxford Lane
Capital Corp.'s management. PricewaterhouseCoopers LLP has not
audited, reviewed, compiled, or applied agreed-upon procedures with
respect to the preliminary financial data. Accordingly,
PricewaterhouseCoopers LLP does not express an opinion or any other
form of assurance with respect thereto.
About Oxford Lane Capital Corp.
Oxford Lane Capital Corp. is a publicly-traded registered
closed-end management investment company principally investing in
debt and equity tranches of CLO vehicles. CLO investments may also
include warehouse facilities, which are financing structures
intended to aggregate loans that may be used to form the basis of a
CLO vehicle.
Forward-Looking Statements
This press release contains forward-looking statements subject
to the inherent uncertainties in predicting future results and
conditions. Any statements that are not statements of historical
fact (including statements containing the words “believes,”
“plans,” “anticipates,” “expects,” “estimates” and similar
expressions) should also be considered to be forward-looking
statements. These statements are not guarantees of future
performance, conditions or results and involve a number of risks
and uncertainties. Certain factors could cause actual results and
conditions to differ materially from those projected in these
forward-looking statements. These factors are identified from time
to time in our filings with the Securities and Exchange Commission.
We undertake no obligation to update such statements to reflect
subsequent events, except as may be required by law.
Contact:Bruce Rubin203-983-5280
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