EIC News and Press, Eagle Point Income Company Inc. From 10/30/21

We review CEF market valuation and performance over the third full week of October and highlight recent market events. Equity-linked CEF sectors have been supported by strength in equities while higher-quality fixed-income sectors continue to face the headwind of higher Treasury yield...

We take a look at the action in preferreds and baby bonds through the third full week of October and highlight some of the key themes we are watching. Preferreds have reversed some of their recent weakness despite a further rise in Treasury yields. We discuss the difficulties and ...

Eagle Point Income (NYSE:EIC) has priced an underwritten public offering of 600,000 shares of its common stock at $18.45/share. The underwriter has been granted a 30-day over-allotment option to purchase up to an additional 90,000 shares of common stock. Net proceeds is estimated to be ~$10.4...

Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC, EICA) today announced that it has priced an underwritten public offering of 600,000 shares of its common stock at a public offering price of $18.45 per share, which will result in net proceeds to the Company of app...

As October 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.25% to 9.25%. Here is a comparison against highest quality preferred stocks in our coverage universe, as ranked by our internal ȁ...

Eagle Point Income (NYSE:EIC) trades 3.8% down after hours on commencing an underwritten public offering; underwriters granted 30-day option to purchase additional shares. Press Release For further details see: Eagle Point Income launches stock offering

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced that it has commenced an underwritten public offering of its common stock (the “Common Stock”). The public offering price and other terms are to be determined by negotiations be...

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced, in connection with its previously disclosed underwritten public offering of 1,220,000 shares of its 5.00% Series A Term Preferred Stock due 2026 (the “Preferred Stock”) at a pu...

Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 5.00% Series A Term Preferred Stock due 2026 (the “Preferred Stock”) at a public offering price of $25 per...

Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC) today announced that it has commenced an underwritten public offering of its Series A Term Preferred Stock (the “Preferred Stock”). The public offering price and other terms are to be determined by ne...