Oxford Finance Completes $271.4 Million Securitization Transaction
ALEXANDRIA, Va., May 4, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a term loan securitization transaction completed on April 26, 2012. The $271.4 million securitization consisted of class A notes rated A2 (sf) by Moody's Investors Service. Guggenheim Securities, LLC was the arranger of the notes, and Oxford is the sponsor, originator and servicer for this transaction.
"This transaction is Oxford's second term securitization within the past year, and we appreciate the strong interest from an expanded base of investors," said J. Alden Philbrick, president and chief executive officer of Oxford Finance. "We are very pleased that the financial community continues to recognize the quality of our portfolio, which is underscored by the continued A2 (sf) rating by Moody's."
About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated nearly $2 billion in loans, with lines of credit ranging from $500 thousand to $40 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Massachusetts and North Carolina. For more information visit www.oxfordfinance.com.
SOURCE Oxford Finance LLC
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