Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / ECCX - Eagle Point Credit: Potential 'Second Wave' Of Economic Declines Exacerbates Risk Factors


ECCX - Eagle Point Credit: Potential 'Second Wave' Of Economic Declines Exacerbates Risk Factors

  • Eagle Point Credit Company is exposed to the Equity Tranche of Credit Loan Obligations which are among the highest risk credit investments available.
  • While most of ECC's assets have maturity dates 3-6 years in the future, short-term economic risks may still limit recovery potential.
  • Recent economic data suggest a rise in jobless claims and a potential decline in the Federal Reserve's willingness to support the economy.
  • Eagle Point is also trading at a large 20% premium to its net-asset-value which may exacerbate losses.

For further details see:

Eagle Point Credit: Potential 'Second Wave' Of Economic Declines Exacerbates Risk Factors
Stock Information

Company Name: Eagle Point Credit Company Inc. 6.6875% Notes due 2028
Stock Symbol: ECCX
Market: NYSE

Menu

ECCX ECCX Quote ECCX Short ECCX News ECCX Articles ECCX Message Board
Get ECCX Alerts

News, Short Squeeze, Breakout and More Instantly...