Eagle Point Credit Company Inc. Is Celebrating Over a Decade as a Public Company by Ringing The NYSE Closing Bell
04 January 2025 - 12:00AM
Business Wire
Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC)
today announced that it will ring The Closing Bell® at the New York
Stock Exchange (“NYSE”) on Monday, January 6, 2025, commemorating
the Company being listed on the NYSE for over 10 years.
“We are honored to ring the bell at the NYSE in celebration of
over 10 years as a publicly traded company,” said Thomas P.
Majewski, Chief Executive Officer. “Our team is immensely proud of
this milestone and the value we have created for shareholders
through our differentiated approach to CLO investing. An investor
in the Company’s IPO who still holds their shares has received over
100% of their initial investment through cash distributions, while
still retaining their ownership in the Company. We look forward to
continuing our track record of strong returns for years to
come.”
Since its NYSE listing on October 8, 2014, the Company has grown
from $275 million to over $1.3 billion in total assets as of
November 30, 2024.
ABOUT EAGLE POINT CREDIT COMPANY
The Company is a non-diversified, closed-end management
investment company. The Company’s primary investment objective is
to generate high current income, with a secondary objective to
generate capital appreciation, primarily by investing in equity and
junior debt tranches of CLOs. The Company is externally managed and
advised by Eagle Point Credit Management LLC. Investors should
consider the Company’s investment objectives, risks, charges and
expenses carefully before investing.
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.
Source: Eagle Point Credit Company Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20250103789166/en/
Media Relations: Brian Ruby, EaglePoint@icrinc.com Investor
Relations: ir@EaglePointCredit.com
http://www.eaglepointcreditcompany.com/
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