Oxford Square Capital Corp (NASDAQ:OXSQ) has priced their new issue with a 6.25% coupon. The company has sold 1.7 million shares (bonds) with 255,000 available for over allotment
The notes will mature 4/30/2026, but the company will have a early call available to them starting 4/30/2022.
The issue is expected to trade under the permanent ticker of OXSQZ when it begins to trade on the NASDAQ–there will not be any OTC Grey market trading.
This issue is rated A- by Egan-Jones (for what it is worth).
The company has 1 other baby bond outstanding with a coupon of 6.50% coupon which is trading in the $25.50 area. This issue can be seen here.
Reader xerty noted the pricing this morning at 3 am (our time CST)–thats pretty early.