Brief: Oxford Lane Capital Says Entered Into A $42.5 Mln Repurchase Transaction With Nomura Securities International

Oxford Lane Capital

02/01/2018 22:19

Jan 2 (Reuters) - Oxford Lane Capital Corp  OXLC.O : 
    * OXFORD LANE CAPITAL CORP. ANNOUNCES THAT IT HAS ENTERED 
INTO A 
$42.5 MILLION REPURCHASE TRANSACTION WITH NOMURA SECURITIES 
INTERNATIONAL INC 
    * OXFORD LANE CAPITAL - PURSUANT TO THE MASTER REPURCHASE 
AGREEMENT & A TRANSACTION CONFIRMATION, CO ENTERED INTO A 
REPURCHASE TRANSACTION WITH NOMURA 
    * OXFORD LANE CAPITAL - AS PER REPURCHASE TRANSACTION, CO 
SOLD 
COLLATERALIZED LOAN OBLIGATION SECURITIES TO NOMURA WITH A 
MARKET VALUE OF ABOUT $106.2 MILLION 
    * OXFORD LANE- AT END OF REPO TERM, CO OBLIGATED TO 
REPURCHASE 
SECURITIES FROM NOMURA, NOMURA TO SELL SECURITIES TO CO, FOR 
ORIGINAL PRICE PLUS COSTS 
 
Source text for Eikon:  ID:nGNXOLLFZa  
Further company coverage:  OXLC.O  
 
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