Oxford Lane Capital Corp. Announces the Declaration of Distributions on a Monthly Basis
December 20 2017 - 4:00PM
Oxford Lane Capital Corp. (“Oxford Lane” or "Company")
(NASDAQ:OXLC) (NASDAQ:OXLCO) (NASDAQ:OXLCM) announced that it will
begin to pay common distributions on a monthly basis. The Company's
Board of Directors has declared distributions of $0.135 per share
of its outstanding common stock payable for each of the next three
months according to the table below:
Record Date |
|
Payable Date |
|
Amount per common share |
January 23, 2018 |
|
January 31, 2018 |
|
$0.135 |
February 20, 2018 |
|
February 28, 2018 |
|
$0.135 |
March
22, 2018 |
|
March
30, 2018 |
|
$0.135 |
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 collateralized loan
obligation (“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. 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 Rubin 203-983-5280
Source: Oxford Lane Capital Corp.
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