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Eagle Point Credit to Sell Baby Bonds

Eagle Point Credit Company (ECC) has announced they will be selling a new issue of baby bonds with a maturity date in 2031.

The issue will pay quarterly interest payments and will have a early redemption period in 2024

The preliminary prospectus can be read here.

ECC currently has a number of other issues outstanding–1 term preferred issue and 2 baby bonds–they can be seen here.

2 thoughts on “Eagle Point Credit to Sell Baby Bonds”

  1. Issuer: Eagle Point Credit
    Deal Size: $25 million,
    Credit Rating: Egan Jones: BBB+
    6.75% area
    Maturity: 10 years, due 2031

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