New Eagle Point Credit Baby Bonds Now Trading

The new Eagle Point Credit Company (ECC) 6.75% baby bonds (ECCW) are NOW trading on the NYSE.

They have traded in a range of $24.60-$24.85 and are at $24.80 at this moment.

These particular baby bonds have a longer maturity–in 2031 – than those we have seen in the past and because of this they likely will be more interest rate sensitive than those issues with shorter dated maturities.

One thought on “New Eagle Point Credit Baby Bonds Now Trading”

  1. Bought a smallish amount at 24.91. Not very interested in this one, I’m just playing the game.

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