Key Developments: Oxford Lane Capital Corp (OXLC.O)

OXLC.O on Nasdaq

15.05USD
19 Dec 2014
Price Change (% chg)

$0.08 (+0.53%)
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$14.97
Open
$15.06
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$15.25
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$14.94
Volume
69,678
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77,874
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$19.07
52-wk Low
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Latest Key Developments (Source: Significant Developments)

Oxford Lane Capital Corp prices preferred stock offering
Thursday, 20 Nov 2014 05:15pm EST 

Oxford Lane Capital Corp:Announced that it has priced an underwritten public offering of 1,000,000 shares of its 8.125% Series 2024 Term Preferred Stock (the "Preferred Stock") at a public offering price of $25.00 per share, raising $25 million in gross proceeds.Granted the underwriters a 30-day option to purchase up to 150,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any.Closing of the transaction is subject to customary closing conditions and the shares are expected to be delivered on Nov. 25.Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., and Deutsche Bank Securities Inc. are acting as the joint bookrunning managers for the offering.  Full Article

Oxford Lane Capital Corp announces preferred stock offering
Thursday, 20 Nov 2014 09:15am EST 

Oxford Lane Capital Corp:Plans to offer shares of its Series 2024 Term Preferred Shares in an underwritten public offering.The public offering price and other terms of the preferred stock are to be determined by negotiations between the company and the underwriters.The company also plans to grant the underwriters a 30-day option to purchase additional shares of preferred stock on the same terms and conditions to cover over-allotments, if any.The preferred stock is listed on the NASDAQ Global Select Market under the symbol OXLCN.Ladenburg Thalmann & Co. Inc, a subsidiary of Ladenburg Thalmann Financial Services Inc, and Deutsche Bank Securities Inc are acting as the joint bookrunning managers for the offering.BB&T Capital Markets, a division of BB&T Securities, LLC, and Maxim Group LLC are acting as co-managers for the offering.  Full Article

Oxford Lane Capital Corp declares third fiscal quarter dividend
Wednesday, 12 Nov 2014 04:11pm EST 

Oxford Lane Capital Corp:Declares a third fiscal quarter dividend of $0.60 per share.Payable on Dec. 31 to shareholders of record as of Dec. 17.  Full Article

Oxford Lane Capital Corp adopts stock repurchase program
Thursday, 9 Oct 2014 04:01pm EDT 

Oxford Lane Capital Corp:Authorized a program for the purpose of repurchasing up to $35 million worth of its common stock.  Full Article

Oxford Lane Capital Corp declares second fiscal quarter dividend
Monday, 11 Aug 2014 04:20pm EDT 

Oxford Lane Capital Corp:Declares Second fiscal quarter dividend.Dividend of $0.60 per common share.Payable on Sept. 30 to stockholders of record as of Sept. 16.  Full Article

Oxford Lane Capital Corp announces preferred dividends
Wednesday, 2 Jul 2014 08:00am EDT 

Oxford Lane Capital Corp:Declared the first two required monthly dividends on its Series 2024 term preferred shares of $0.3161 and $0.1693 per share.It is payable on July 31 to shareholders of record as of July 18, and Aug. 29 to shareholders of record as of Aug. 18 respectively.The July dividend covers the period from July 1, 2014 through July 31, 2014 and also includes a pro rata dividend for the period from June 5, 2014 through June 30, 2014.The Aug. dividend covers the period from Aug.1, 2014 through Aug. 31, 2014.  Full Article

Oxford Lane Capital Corp prices preferred stock offering
Thursday, 29 May 2014 04:32pm EDT 

Oxford Lane Capital Corp:Prices underwritten public offering of 1,120,000 shares of its newly designated 8.125 pct Series 2024 Term Preferred Stock at public offering price of $25 per share, raising $28 mln in gross proceeds.Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., and Deutsche Bank Securities Inc. are acting as joint bookrunning managers for offering.BB&T Capital Markets, a division of BB&T Securities, LLC, BTIG, LLC, Incapital LLC, Maxim Group LLC and MLV & Co. are acting as co-managers for offering.Plans to use net proceeds for acquiring investments and for general working capital purposes.  Full Article

Oxford Lane Capital announces preferred stock offering
Thursday, 29 May 2014 07:55am EDT 

Oxford Lane Capital Corp:Plans to offer shares of its newly designated Series 2024 Term Preferred Shares in an underwritten public offering.Public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters.Plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any.Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. and Deutsche Bank Securities Inc. are acting as the joint bookrunning managers for the offering.BB&T Capital Markets, a division of BB&T Securities, LLC, BTIG, LLC, Incapital LLC, Maxim Group LLC and MLV & Co. are acting as co-managers for the offering.Plans to use the net proceeds for general working capital purposes.  Full Article

Oxford Lane Capital Corp declares first fiscal quarter dividend
Tuesday, 27 May 2014 04:28pm EDT 

Oxford Lane Capital Corp:Declares first fiscal quarter 2015 dividend of $0.60 per common share.Record date is June 16, 2014.Payable on June 30, 2014.  Full Article

Oxford Lane Capital Corp prices public offering of common stock
Tuesday, 11 Mar 2014 08:58am EDT 

Oxford Lane Capital Corp:Prices underwritten public offering of 2,800,000 shares of its common stock at public offering price of $17.00 per share.Raising $47.6 mln in gross proceeds.Company has also granted the underwriters a 30-day option to purchase up to additional 420,000 shares of common stock.Closing of transaction are expected to be delivered on March 14.Deutsche Bank Securities and Ladenburg Thalmann & Co. Inc. are acting as the joint bookrunning managers for the offering.Plans to use net proceeds for acquiring investments and for general working capital purposes, which include payment of operating expenses, including advisory and administrative fees and expenses.  Full Article

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