Oxford Square Capital Corp. Announces Partial Redemption of 6.50% Notes Due 2024

GREENWICH, Conn., Aug. 11, 2023 (GLOBE NEWSWIRE) -- 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. 69181V 206; NasdaqGS: OXSQL) (the “Notes”). The Company expects to redeem $10,000,000 aggregate principal amount of the issued and outstanding Notes on September 11, 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 Rubin
203-983-5280