Oxford Square Capital Corp. Announces Partial Redemption of 6.50% Notes Due 2024
June 22 2023 - 3:38PM
Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQL)
(NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) (the “Company,” “we,” “us” or
“our”) announced today that it intends to redeem a portion of its
6.50% Notes due 2024 (CUSIP No. 87244T 307; NasdaqGS: OXSQL) (the
“Notes”). The Company expects to redeem $40,000,000 aggregate
principal amount of the issued and outstanding Notes on July 24,
2023 (the “Redemption Date”). The redemption price per Note will be
$25 plus accrued and unpaid interest thereon from June 30, 2023 to,
but not including, the Redemption Date.
About Oxford Square Capital Corp.
Oxford Square Capital Corp. is a publicly-traded
business development company principally investing in syndicated
bank loans and 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. 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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