Eagle Point Credit (ECC) Prices Offering of Preferred Shares

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/28/2026

1. ORCL
2. AVGO
3. BA
4. CDNS
5. ANT
6. META
7. HOOD
8. SPY
9. STX
10. INTC

Go back to Eagle Point Credit (ECC) Prices Offering of Preferred Shares

Eagle Point Credit Company Inc. Prices Offering of Preferred Stock

January 11, 2024 6:22 PM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE:ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced that it has priced an underwritten public offering of 1,400,000 shares of its 8.00% Series F Term Preferred Stock due 2029 (the Preferred Stock) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $33.6 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Preferred Stock is rated BBB by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company has granted the underwriters a... More