Eagle Point Income Company Announces Redemption of 5.00% Series A Term Preferred Shares Due 2026
GREENWICH, Conn.–(BUSINESS WIRE)–
Eagle Point Income Company (the “Company”) (NYSE: EIC, EICA) today announced the redemption of all outstanding shares of its 5.00% Series A Term Preferred Shares due 2026 (NYSE: EICA) (“Series A Term Preferred Shares”) on October 30, 2026 (the “Redemption Date”), in accordance with the terms of the Series A Term Preferred Shares. The redemption price of the Series A Term Preferred Shares will be $25 per share.
The Series A Term Preferred Shares are held in book-entry form through The Depository Trust Company (“DTC”) and will be redeemed in accordance with the procedures of DTC. The redemption price will be paid by the Company to DTC through its redemption and paying agent Equiniti Trust Company, LLC (the “Redemption and Paying Agent”). From and after the Redemption Date, the Series A Term Preferred Shares will no longer be deemed outstanding, dividends will cease to accumulate and all the rights of the holders of such shares will cease, except the right to receive the applicable redemption price. The previously declared dividend payable on October 30, 2026, to holders of record of Series A Term Preferred Shares as of October 13, 2026, will be paid in cash on the payment date and not as part of the Series A Term Preferred Shares redemption price.
The Redemption and Paying Agent can be reached by mail at Equiniti Trust Company, LLC, 48 Wall Street, 22nd Floor, New York, NY 10005 (Attn: Corporate Actions), or by email at [email protected].
ABOUT EAGLE POINT INCOME COMPANY
The Company is a 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. The Company seeks to achieve its investment objectives by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 35% of its total assets in CLO equity securities. The Company may also invest in other securities and instruments that are consistent with its investment objectives. The Company is externally managed and advised by Eagle Point Income Management LLC.
In addition to the Company’s regulatory requirement to file certain portfolio information with the SEC, the Company makes certain additional financial information available to investors via its website (www.EaglePointIncome.com), press releases and other public disclosures.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260921702761/en/
Investor and Media Relations:
Prosek Partners
(203) 340-8510
[email protected]
www.EaglePointIncome.com
KEYWORDS: United States North America Connecticut
INDUSTRY KEYWORDS: Asset Management Professional Services Finance
MEDIA:
| Logo |
 |