Eagle Point Credit (ECC) Reports Q4 Loss of $0.38/Share

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Eagle Point Credit Company Inc. Announces Fourth Quarter 2018 and Year End 2018 Financial Results

February 21, 2019 8:00 AM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCA, ECCB, ECCX, ECCY) today announced financial results for the quarter and fiscal year ended December 31, 2018, net asset value (NAV) as of December 31, 2018 and certain portfolio activity through February 14, 2019.

FOURTH QUARTER AND FULL YEAR 2018 HIGHLIGHTS

Net investment income (NII) and realized capital losses of $0.38 per weighted average common share1 for the fourth quarter of 2018. NAV per common share of $12.40 as of December 31, 2018. Fourth quarter 2018 GAAP net loss (inclusive of unrealized mark-to-market losses) of $83.7 million, or $3.62... More