ECCY News and Press, Eagle Point Credit Company Inc. 6.75% Notes due 2027 From 05/07/21

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. With discounts contracting, few non-muni income choices are attractively valued anymore. For further details see: The Quality Closed-End Fund Report, April 2021

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCW, ECCX, ECCY) today announced that it plans to report financial results for the quarter ended March 31, 2021 prior to the opening of the financial markets on Tuesday, May 18, 2021. The Company will di...

We take a look at the upcoming 6.5% preferred from the CLO Equity/Loan CEF XFLT. The fund's significant allocation to first-lien loans is a big plus for the preferred while the credit facility is a negative. Overall, XFLT looks competitive in the sector from a risk/reward perspect...

The CLO structure proved its durability through another major event. Despite scary price swings, default rates remain low. Investors in the "equity" level of CLOs stand to see more gains and rising income as we see a super-charged economic recovery. ECC is set to be a clear wi...

ECC is planning to issue its third baby bond - ECCW - with a 6.75% coupon maturing in 2031 and callable in 2024. We take a look at the relative value picture both across the ECC capital structure as well as relative to the OXLC baby bond. Our view is that while ECCW should look mo...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCW, ECCX, ECCY) today announced, in connection with its previously disclosed underwritten public offering of $39,000,000 aggregate principal amount of its 6.75% notes due 2031 (the “2031 Notesȁ...

Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

Rising rates have been top of mind for income investors since the start of the year. The usual approach to rising rates has two problems. It fails to distinguish between two different rising rate environments and their different impact on assets. And it uses the textbook definitio...

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that it has priced an underwritten public offering of $39,000,000 aggregate principal amount of its 6.75% notes due 2031 (the “2031 Notes”), which will result in net ...

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that it has commenced an underwritten public offering of unsecured notes due 2031 (the “2031 Notes”). The 2031 Notes will be issued in denominations of $25 and integr...