ECCB News and Press, Eagle Point Credit Company Inc. 7.75% Series B Term Preferred Stock due 2026 From 02/11/22

We take a look at the action in preferreds and baby bonds through the first week of February and highlight some of the key themes we are watching. Preferreds continue to struggle in February with rising Treasury yields proving a serious headwind. Low coupon preferreds are being hi...

As we enter the first quarter of 2022, we are inching closer to the eventual rate hikes from the Fed. The 10-Year Treasury has already been on the move, heading higher while we are only a few weeks into the new year. This has put jitters in the market; notably, "long duration" ass...

We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Unsurprisingly, the preferreds sector followed most other income sectors lower this week and remains around 2% down on the month. High...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCC, ECC PRD, ECCV, ECCW, ECCX, ECCY) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2021 prior to the opening of the financial markets on Thurs...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCC, ECC PRD, ECCV, ECCW, ECCX, ECCY) today announced, in connection with its previously disclosed underwritten public offering of $87,000,000 aggregate principal amount of its 5.375% notes due 2029 (the &#...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) announced today that it will redeem (i) all of the outstanding shares of its 7.75% Series B Term Preferred Stock due 2026 (NYSE: ECCB) (“Series B Term Preferred Stock&...

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) today announced that it has priced an underwritten public offering of $87,000,000 aggregate principal amount of its 5.375% notes due 2029 (the “2029 Notesȁ...

We take a look at the action in preferreds and baby bonds through the first week of December and highlight some of the key themes we are watching. November wrapped up as the worst month for preferreds since March of 2020 with the first days of December seeing some stabilization. W...

We take a look at the action in preferreds and baby bonds through the fourth week of November and highlight some of the key themes we are watching. Preferreds are having a tough November - the worst month so far since March of 2020. We discuss our approach to allocating to securit...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) announced today that it will redeem 1,078,383 shares (or 50% of the shares outstanding) of its 7.75% Series B Term Preferred Stock due 2026 (NYSE: ECCB) (“Series B Ter...