Oxford Lane Capital Corp. is launching an underwritten public offering of its newly designated Series 2031 Term Preferred Shares. The company and underwriters will negotiate public offering price and terms, and underwriters hold a 30-day option to purchase additional shares to cover overallotments. The Series 2031 preferred shares are slated to list and trade on the NASDAQ Global Select Market within 30 days of issuance. Net proceeds from the offering will be used to repay outstanding indebtedness and support general working capital needs.