Eagle Point Credit Company Inc. Announces Offering of Common Stock
2018年1月18日 - 6:18AM
ビジネスワイヤ(英語)
Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC,
NYSE:ECCA, NYSE:ECCB, NYSE:ECCZ, NYSE:ECCY) today announced that it
has commenced an underwritten public offering of 1,750,000 shares
of its common stock. In addition, the Company plans to grant the
underwriters a 30-day option to purchase up to an additional
262,500 shares of common stock to cover overallotments, if any.
The Company plans to use the net proceeds from the offering of
its common stock to acquire investments in accordance with its
investment objectives and strategies, to make distributions to the
Company’s stockholders and for general working capital
purposes.
Keefe, Bruyette & Woods, A Stifel Company and UBS Investment
Bank are acting as joint book-running managers for the
offering.
Investors should consider the Company’s investment
objectives, risks, charges and expenses carefully before investing.
The preliminary prospectus supplement dated January 17, 2018 and
the accompanying prospectus dated June 14, 2017, which have been
filed with the Securities and Exchange Commission (“SEC”), contain
this and other information about the Company and should be read
carefully before investing. The information in the preliminary
prospectus supplement, the accompanying prospectus and this press
release is not complete and may be changed. The preliminary
prospectus supplement, the accompanying prospectus and this press
release are not offers to sell these securities and are not
soliciting an offer to buy these securities in any state where such
offer or sale is not permitted.
A shelf registration statement relating to these securities
is on file with and has been declared effective by the SEC. The
offering may be made only by means of a prospectus and a related
prospectus supplement, copies of which may be obtained by writing
Keefe, Bruyette & Woods, Inc. at Attn: Equity Capital Markets,
787 Seventh Avenue, 4th Floor, New York, NY 10019, by calling
toll-free 1-800-966-1559 or by sending an e-mail to:
syndprospectus@stifel.com,
or by writing UBS Securities LLC at Attn: Prospectus Department,
1285 Avenue of the Americas, New York, NY 10019 or by calling
toll-free 1-888-827-7275; copies may also be obtained by visiting
EDGAR on the SEC’s website at http://www.sec.gov.
ABOUT EAGLE POINT CREDIT COMPANY
The Company is a non-diversified, closed-end management
investment company. The Company’s investment objectives are to
generate high current income and capital appreciation primarily
through investment in equity and junior debt tranches of
collateralized loan obligations. The Company is externally managed
and advised by Eagle Point Credit Management LLC. The
principals of Eagle Point Credit Management LLC are
Thomas P. Majewski, Daniel W. Ko and Daniel M.
Spinner.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described in the
prospectus and the Company’s other filings with the SEC. The
Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the
date of this press release.
NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
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Investor Relations:ICR203-340-8510ir@EaglePointCredit.com
Eagle Point Credit Company Inc. 7.00% Notes Due 2020 (delisted) (NYSE:ECCZ)
過去 株価チャート
から 8 2024 まで 9 2024
Eagle Point Credit Company Inc. 7.00% Notes Due 2020 (delisted) (NYSE:ECCZ)
過去 株価チャート
から 9 2023 まで 9 2024