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.
Hopefully they will price this issue tonight.
Eagle eye Ken noticed the new amended filing.