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-0.00205338809034903 0 0 0.00616016427104728 0.00616016427104728 0.0071868583162218 -0.00513347022587258 -0.00123203285420949
Stock impact report

Eagle Point Credit Company Inc. Announces Offering of Preferred Stock

Eagle Point Credit Company Inc. (ECC) 
Company Research Source: Business Wire
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced that it has commenced an underwritten public offering of its Series F Term Preferred Stock (the “Preferred Stock”). The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions.The Preferred Stock is expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the symbol “ECCF.”Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc. and Piper Sandler & Co are acting as joint bookrunners for the offering. InspereX LLC and Wedbush Securities Inc. are ac Show less Read more
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