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Eagle Point Credit扩大优先股发行
2025-04-22 20:07
- Eagle Point Credit (NYSE:ECC) has upsized its preferred stock offering to up to 8M shares, issued at a price of $25 a share, for gross proceeds of $200M.
- The sale comprises 7.00% Series AA Convertible Perpetual Preferred Stock and 7.00% Series AB Convertible Perpetual Preferred Stock.
- The Preferred Stock has a 7.00% annual dividend rate, paid monthly. It is perpetual and convertible by the holder into shares of the company’s common stock or cash.
- Source: Press Release
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