Eagle Point Credit Co. Reports on Preferred Stock and Notes
Ticker: ECCW · Form: 8-K · Filed: May 13, 2024 · CIK: 1604174
| Field | Detail |
|---|---|
| Company | Eagle Point Credit Co Inc. (ECCW) |
| Form Type | 8-K |
| Filed Date | May 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $8.94, $9.04 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, preferred-stock, disclosure
TL;DR
Eagle Point Credit Co. filed an 8-K detailing its preferred stock and notes, no major news.
AI Summary
Eagle Point Credit Company Inc. filed an 8-K on May 10, 2024, reporting on various series of preferred stock and notes, including Series C Term Preferred Stock due 2031, Series D Preferred Stock, Series F Term Preferred Stock due 2029, 6.6875% Notes due 2028, 6.75% Notes due 2031, and 5.375% Notes due 2029. The filing details these financial instruments without specifying any new transactions or events.
Why It Matters
This filing provides an update on the company's outstanding debt and preferred equity instruments, which are key components of its capital structure and investor base.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of existing financial instruments and does not indicate any new risks or significant changes.
Key Players & Entities
- Eagle Point Credit Company Inc. (company) — Registrant
- May 10, 2024 (date) — Date of earliest event reported
- Series C Term Preferred Stock due 2031 (financial_instrument) — Preferred Stock Series
- Series D Preferred Stock (financial_instrument) — Preferred Stock Series
- Series F Term Preferred Stock due 2029 (financial_instrument) — Preferred Stock Series
- 6.6875% Notes due 2028 (financial_instrument) — Debt Instrument
- 6.75% Notes due 2031 (financial_instrument) — Debt Instrument
- 5.375% Notes due 2029 (financial_instrument) — Debt Instrument
FAQ
What is the purpose of this 8-K filing for Eagle Point Credit Company Inc.?
The purpose of this 8-K filing is to report on various series of preferred stock and notes that Eagle Point Credit Company Inc. has outstanding, as of May 10, 2024.
Which specific series of preferred stock are mentioned in the filing?
The filing mentions Series C Term Preferred Stock due 2031, Series D Preferred Stock, and Series F Term Preferred Stock due 2029.
What debt instruments are listed in the 8-K?
The filing lists 6.6875% Notes due 2028, 6.75% Notes due 2031, and 5.375% Notes due 2029.
What is the reporting date for the earliest event mentioned in the filing?
The date of the earliest event reported is May 10, 2024.
Does this filing indicate any new financial transactions or significant corporate events?
Based on the provided text, this filing appears to be a routine disclosure of existing financial instruments and does not indicate any new transactions or significant corporate events.
Filing Stats: 453 words · 2 min read · ~2 pages · Grade level 8.7 · Accepted 2024-05-10 18:02:03
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share ECC New York Stock Exchan
- $8.94 — stock as of April 30, 2024 was between $8.94 and $9.04. SIGNATURE Pursuant to the
- $9.04 — of April 30, 2024 was between $8.94 and $9.04. SIGNATURE Pursuant to the requireme
Filing Documents
- tm2414189d1_8k.htm (8-K) — 38KB
- 0001104659-24-060029.txt ( ) — 281KB
- ecc-20240510.xsd (EX-101.SCH) — 5KB
- ecc-20240510_def.xml (EX-101.DEF) — 28KB
- ecc-20240510_lab.xml (EX-101.LAB) — 39KB
- ecc-20240510_pre.xml (EX-101.PRE) — 27KB
- tm2414189d1_8k_htm.xml (XML) — 11KB
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 April 30, 2024 was between $8.94 and $9.04. 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: May 10, 2024 By: /s/ Kenneth P. Onorio Kenneth P. Onorio Chief Financial Officer and Chief Operating Officer