Eagle Point Credit Company 7.75% Series B Term Preferred Stock due 2026

By: ,

Date Issued  10/7/2015

Shares Issued  1,200,000  Overallotment Shares  180,000

S&P Rating  NR   Moodys Rating   NR


Security Ticker Symbol    ECCB      OTC Temp Ticker   ECRPO

Market Traded ON   NYSE      

Dividend Payment Paid Monthly the last day of the month  beginning on 11/30/2016

Monthly Dividend   .1615   Annual Dividend   1.9375

Securities may be redeemed, at the issuers option, as early as 10/29/2021 for a redemption price of $25/share plus accrued dividends.


If the company FAILS TO REDEEM ON THE REDEMTION DATE BELOW THE dividend rate will increase 2% annually until redeemed

Dividend Payments are NOT a Qualified Distribution (from year to year a small portion may be qualified)

Maturity Date   10/30/2026 (Mandatory Redemption Date)

Eagle Point Credit is a Closed End Investment company and required to carry a asset coverage ratio of 200%

Company Investor Relations Page for Eagle Point Credit Company

Click Here to find the offering Prospectus and Final Pricing Documents



Tim McPartland

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Tim McPartland
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.
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