The Company announced that it has called for redemption and will redeem all of the issued and outstanding shares of the Company’s 6.25% Series 2027 Term Preferred Stock (the “Shares”), which are traded on the Nasdaq Global Select Market under the ticker OXLCP. The Company will redeem all 724,806 Shares on June 1, 2026 (the “Redemption Date”), following which the Shares will be delisted from the Nasdaq Global Select Market. The Shares will be redeemed for a redemption price of $25 per Share (the “Redemption Price”) or an aggregate redemption price of approximately $18.1 million.
All Shares are held in book-entry form through The Depository Trust Company (“DTC”) and will be redeemed in accordance with the procedures of DTC. Holders of the Shares will not be entitled to receive distributions on those Shares on or after the Redemption Date. Following redemption, the sole remaining right of holders of the Shares shall be to receive payment of the Redemption Price for the Shares. As of 2026-05-04, the Fund’s leverage was 31.8% and Collateralized Loan Obligation Group leverage was 36.8%.
