OXLC to Redeem All 6.25% Series 2027 Preferred Stock for $18.1M

Oxford Lane Capital Corp. announced it will redeem all 724,806 shares of its 6.25% Series 2027 Term Preferred Stock (OXLCP) on June 1, 2026. The redemption price is $25 per share, totaling approximately $18.1 million. Following the redemption, the shares will be delisted from the Nasdaq Global Select Market, and holders will only be entitled to the redemption price.