Eagle Point Credit Co. 6.75% Notes Due 2027
By: Tim McPartland,
Date Issued 8/1/2017
Shares Issued 1,100,000 Overallotment Shares 165,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol ECCY
Market Traded ON NYSE
Interest Payment Paid the last day of March, June, September and December beginning on 10/02/2017
Quarterly Interest .422 Annual Interest 1.688
Securities may be redeemed, at the issuers option, as early as 9/30/2020 for a redemption price of $25/share plus accrued interest
Dividend Payments are NOT a Qualified Distribution–payments are interest not dividends
Maturity Date 9/30/2027
Eagle Point Credit is a Closed End Investment company and required to carry a asset coverage ratio of 300% on debt
Company Investor Relations Page for Eagle Point Credit Corp
Click here to find the offering Prospectus
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