Increased Total Investment Income
For the third quarter, Oxford Square recorded total investment income of approximately $10.2 million, compared to approximately $9.5 million in the prior quarter, marking an increase in total investment income.
Net Proceeds from Stock Issuance
Oxford Square issued approximately 5.4 million shares of common stock through an at-the-market offering, resulting in net proceeds of approximately $11.8 million.
Successful Debt Management
The company issued $74.8 million of 7.75% unsecured notes due July 2030 and fully repaid the remaining balance of $34.8 million of 6.25% unsecured notes due April 2026.
Increase in U.S. Leveraged Loan Primary Market Issuance
The U.S. leveraged loan primary market issuance was $133.7 billion, representing a 22% increase versus the quarter ended September 30, 2024.