CLO debt tranche owner Eagle Point Income Company (EIC) has filed another registration statement for a new issue of Term Preferred stock.
EIC had originally filed back in late August–I mentioned it originally on 8/24/2021.
This issue is to be a relatively small (1.2 million shares) term preferred issue–another 180,000 shares are reserved for over allotment.
Here is the new amended registration statement
Hopefully they will price this issue tonight.
Eagle eye Ken noticed the new amended filing.
Any information on when these term pref might be issued?
Only God knows for sure Larry–but I would think any day now.