Oxford Square Capital Corp. Announces Offering of Notes

Core Viewpoint - Oxford Square Capital Corp. has announced a registered public offering of notes, with terms to be determined through negotiations with underwriters [1] Group 1: Offering Details - The public offering price and terms of the notes will be negotiated between the company and the underwriters [1] - The company plans to grant underwriters a 30-day option to purchase additional notes to cover over-allotments [1] - The notes are expected to be listed on the NASDAQ Global Select Market and to begin trading within 30 days of the original issue date [2] Group 2: Use of Proceeds - The net proceeds from the offering are expected to be used for repaying indebtedness, acquiring investments in line with the company's investment objectives, and for general corporate purposes [2] Group 3: Management and Underwriters - Lucid Capital Markets, LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering [3] - Clear Street LLC, InspereX LLC, Janney Montgomery Scott LLC, and William Blair & Company, L.L.C. are serving as lead managers for the offering [3] Group 4: Company Overview - Oxford Square Capital Corp. is a publicly-traded business development company that primarily invests in syndicated bank loans and, to a lesser extent, in debt and equity tranches of collateralized loan obligation (CLO) vehicles [6] - CLO investments may also include warehouse facilities, which are financing structures used to aggregate loans for CLO vehicles [6]