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Prospect News home > News index > List of issuers Tenders > Headlines for 2019 > News item
Published on 5/22/2019 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Eagle Point Credit to redeem some 7¾% preferred shares

By Rebecca Melvin

New York, May 22 – Eagle Point Credit Co. Inc. said it will partially redeem its 7¾% series A term preferred stock due 2022, or 909,000 shares, on June 28, according to a company news release.

The redemption price is $25 plus accrued interest to but excluding the redemption date.

The paying agent is American Stock Transfer & Trust Co., LLC.

Eagle Point is a Greenwich, Conn.-based non-diversified, closed-end management investment company that manages a portfolio of CLOs.


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