Eagle Point Credit Company Announces Third Quarter 2026 Financial Results, First Quarter 2027 Common and Preferred Distributions, Full Redemption of Series C Term Preferred Shares Due 2031 and Partial Redemption of Notes Due 2029
Key Highlights
- ➤NII less realized losses $0.29 per share, versus negative $0.62 in Q2 2026
- ➤GAAP net loss $16.4 million, or $0.12 per weighted average common share
- ➤NAV per common share fell to $4.17 from $4.51 quarter-over-quarter
- ➤Declared $0.06 monthly common distributions for each month of Q1 2027
- ➤Will redeem all Series C preferred shares and 25% of 2029 notes December 22
Expert Statements
Thomas P. Majewski, Chief Executive Officer of Eagle Point Credit Company
“ECC generated strong net investment income, net of realized losses, during the quarter, more than covering our common share distributions.”
Thomas P. Majewski, Chief Executive Officer of Eagle Point Credit Company
“Our strategic expansion into complementary private credit strategies continues to enhance portfolio diversification and generate meaningful incremental earnings for our shareholders.”
Thomas P. Majewski, Chief Executive Officer of Eagle Point Credit Company
“As of quarter-end, 38% of our portfolio was invested in assets outside of the CLO market. Since 2020, we have invested over $800 million in these strategies and have generated a gross IRR of over 18%.”
Eagle Point Credit Company Announces Third Quarter 2026 Financial Results, First Quarter 2027 Common and Preferred Distributions, Full Redemption of Series C Term Preferred Shares Due 2031 and Partial Redemption of Notes Due 2029
Eagle Point Credit Company (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCU, ECCV) today announced financial results for the quarter ended September 30, 2026, certain additional activity through October 31, 2026, declared distributions on the Company’s common and preferred shares, announced the full redemption of the Company’s Series C Term Preferred Shares and announced the partial redemption of the Company’s notes due 2029.
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