Eagle Point Credit Company 6.6875% Notes Due 2028
By: Tim McPartland,
Date Issued 04/17/2018
Shares Issued 2,400,000 Overallotment Shares 360,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol ECCX
Market Traded ON NASDAQ
Interest Payment Paid the last day of March, June, September and December beginning on 7/2/2018
Quarterly Interest . 418 Annual Interest 1.672
Securities may be redeemed, at the issuers option, as early as 4/30/2021 for a redemption price of $25/share plus accrued interest
Payments are NOT a Qualified Distribution–payments are interest not dividends
Maturity Date 4/30/2028
Company Investor Relations Page for Eagle Point Credit Company
Click Here to find the offering prospectus
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
