Eagle Point Credit Co Inc. 8-K

What Happened
Eagle Point Credit Co., Inc. (the Company) filed an 8-K reporting it has notified Equiniti Trust Company, LLC (the redemption agent) of its election to redeem in full the 2,486,244 outstanding shares of its 8.00% Series F Term Preferred Stock due 2029. The Company expects the redemption to be completed on January 30, 2026. The redemption price is $25.00 per share plus an amount equal to unpaid dividends and distributions accumulated to, but excluding, the Redemption Date. This Form 8-K is not itself the notice of redemption to holders.

Key Details

• Series: 8.00% Series F Term Preferred Stock (due 2029).
• Shares to be redeemed: 2,486,244 outstanding shares.
• Redemption date: Expected January 30, 2026.
• Redemption price: $25.00 per share plus accrued unpaid dividends (approx. $62.16 million principal before accrued dividends).
• Redemption agent: Equiniti Trust Company, LLC; holders will receive formal notice from the agent.

Why It Matters
For preferred shareholders: holders of Series F will have their shares redeemed and receive $25 per share plus accrued dividends; they should watch for the formal notice from the redemption agent for payment timing and instructions. For investors in the company: the redemption will remove the Company’s ongoing dividend obligation for these Series F shares after the redemption is completed and will require cash outflow roughly equal to the principal plus accrued dividends (~$62.16M principal). This is a capital-structure event that affects preferred shareholders directly and impacts the Company’s near-term cash requirements.