Oxford Lane Capital Corp. Reports Earnings Results for the Half Year Ended September 30, 2021
October 29, 2021 at 05:07 pm
Share
Oxford Lane Capital Corp. reported earnings results for the half year ended September 30, 2021. For the half year, the company reported revenue was USD 86.91 million. Net income was USD 145.57 million.
Oxford Lane Capital Corp. (the Fund) is a closed-end management investment company. The Fundâs investment objective is to purchasing portions of equity and junior debt tranches of collateralized loan obligation (CLO) vehicles. The Fundâs investment strategy also includes warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle. The CLO vehicles which, the Fund focus on is collateralized primarily by senior secured loans made to companies whose debt is unrated or is rated below investment grade, or Senior Loans, and generally have no exposure to real estate, mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. Oxford Lane Management, LLC is the investment advisor of the Fund.
OXFORD LANE CAPITAL CORP. 
