Eagle Point Credit Co. Files Routine Capital Structure Update

TL;DR

**Eagle Point Credit Co. filed an 8-K on February 15, 2024, confirming its existing capital structure as of January 14, 2024, listing various preferred stocks and notes.**

AI Summary

Eagle Point Credit Company Inc. filed an 8-K on February 15, 2024, reporting an event on January 14, 2024. The filing primarily lists the company's existing capital structure, including Common Stock, 6.50% Series C Term Preferred Stock Due 2031, 6.75% Series D Preferred Stock, 8.00% Series F Term Preferred Stock Due 2029, 6.6875% Notes Due 2028, 6.75% Notes Due 2031, and 5.375% Notes Due 2029. No specific transactions or changes were detailed in the provided text.

Why It Matters

This filing provides a formal update on Eagle Point Credit Company Inc.'s capital structure, offering transparency to investors regarding its outstanding common stock, preferred stock, and various debt instruments as of January 14, 2024. It helps stakeholders understand the company's financial composition.

Risk Assessment

Risk Level: low — This is a routine informational filing that does not indicate any material changes, adverse events, or new risks for the company.

Key Numbers

• January 14, 2024 — Date of Event (Earliest event reported)
• 6.50% — Coupon Rate (Series C Term Preferred Stock Due 2031)
• 6.75% — Coupon Rate (Series D Preferred Stock)
• 8.00% — Coupon Rate (Series F Term Preferred Stock Due 2029)
• 6.6875% — Coupon Rate (Notes Due 2028)
• 6.75% — Coupon Rate (Notes Due 2031)
• 5.375% — Coupon Rate (Notes Due 2029)

Key Players & Entities

• Eagle Point Credit Company Inc. (company) — filer

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share ECC New York Stock Exchan
• $0.14 — parate monthly regular distributions of $0.14 per share on its common stock, payable
• $0.02 — e monthly supplemental distributions of $0.02 per share on its common stock, payable

Filing Documents

• tm246314d1_8k.htm (8-K) — 38KB
• 0001104659-24-024090.txt ( ) — 281KB
• ecc-20240114.xsd (EX-101.SCH) — 5KB
• ecc-20240114_def.xml (EX-101.DEF) — 28KB
• ecc-20240114_lab.xml (EX-101.LAB) — 39KB
• ecc-20240114_pre.xml (EX-101.PRE) — 27KB
• tm246314d1_8k_htm.xml (XML) — 10KB

01

Item 8.01. Other Events. Management's unaudited estimate of the range of the net asset value per share of our common stock as of January 31, 2024 was between $ 9.22 and $ 9.32. In addition, the Company has declared three separate monthly regular distributions of $0.14 per share on its common stock, payable on each of April 30, 2024, May 31, 2024 and June 28, 2024 to stockholders of record on April 10, 2024, May 13, 2024 and June 10, 2024, respectively. Additionally, the Company has declared three monthly supplemental distributions of $0.02 per share on its common stock, payable on each of April 30, 2024, May 31, 2024 and June 28, 2024 to stockholders of record on April 10, 2024, May 13, 2024 and June 10, 2024, respectively SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Eagle Point Credit Company Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Eagle Point Credit Company Inc. Date: February 14, 2024 By: /s/ Kenneth P. Onorio Kenneth P. Onorio Chief Financial Officer and Chief Operating Officer

View Full Filing

View this 8-K filing on SEC EDGAR