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Eagle Point Credit Co Inc. — Capital/Financing Update 2021
Dec 1, 2021
32404_rns_2021-12-01_d6a85ef6-3323-447f-b2f2-19640fb53d68.zip
Capital/Financing Update
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N-23C-2 1 tm2134343d1_n23c2.htm N-23C-2
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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NOTICE OF INTENTION TO REDEEM SECURITIES PURSUANT TO RULE 23C-2
UNDER THE INVESTMENT COMPANY ACT OF 1940
File No. 814-22974
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Eagle Point Credit Company Inc.
(Name of Registrant)
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600 Steamboat Road, Suite 202
Greenwich, CT 06830
(Address of Principal Executive Offices)
The undersigned hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended.
(1) Title of the class of securities of Eagle Point Credit Company Inc. (the “Company”) to be redeemed:
7.75% Series B Term Preferred Stock due 2026 (CUSIP: 269809 307) (the “Series B Preferred Stock”)
(2) Date on which the securities are to be redeemed: December 31, 2021
(3) Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:
The Series B Preferred Stock are to be redeemed pursuant to Section 5.3 of the Company’s Certificate of Designation of the Series B Preferred Stock of the Company, as amended (the “Certificate of Designation”).
(4) The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
The Company will redeem 50% of the outstanding Series B Preferred Stock (1,078,383 shares of Series B Preferred Stock) pursuant to the terms of the Certificate of Designation. The Depository Trust Company will determine the allocations of this partial redemption of the outstanding Series B Preferred Stock by lottery among each participant account.
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SIGNATURE
Pursuant to the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended, the Company has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 1st day of December 2021.
| /s/ Kenneth P. Onorio | |
|---|---|
| Name: | Kenneth P. Onorio |
| Title: | Chief Financial Officer |
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