- CEO
- Thomas Philip Majewski
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 20 Horseneck Lane Greenwich CT United States of America 06830
- IPO Date
- Nov 23, 2021
- Business
- Eagle Point Credit Company Inc. is a publicly traded, non-diversified closed-end management investment company that primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs) collateralized by below investment grade U.S. senior secured loans across diverse industry sectors. Its core products and services include investments in CLO equity and debt, loan accumulation facilities, and other credit instruments, aiming to generate high current income with a secondary objective of capital appreciation. The company operates predominantly in the United States credit markets and caters to institutional and retail investors. Founded in 2013, Eagle Point Credit Company is headquartered in Greenwich, Connecticut, and is externally managed by Eagle Point Credit Management LLC.
Recent significant developments include the deployment of approximately $199.4 million in gross capital into CLO equity, CLO debt, and loan accumulation facilities during the third quarter of 2025, with new CLO equity investments yielding a weighted average effective yield of 16.9%. The company actively optimizes its portfolio by completing resets and refinancings of CLO equity investments to reduce debt costs and improve earnings power. It issued about 3.6 million shares of common stock through its “at-the-market” offering program, raising net proceeds of $26.4 million, and issued over 550,000 shares of Series AA and Series AB 7.00% Convertible Perpetual Preferred Stock, generating $13.2 million in proceeds. The company continues its portfolio rotation strategy, exiting lower-earning investments to capture higher return opportunities, maintaining indirect exposure to nearly 1,900 unique corporate obligors in its CLO equity portfolio.
Eagle Point Credit Company serves sophisticated investors seeking income and capital appreciation through exposure to CLO securities, a specialized segment of the structured finance market. It is externally managed by Eagle Point Credit Management LLC, which focuses on niche, income-oriented credit strategies in inefficient markets including Portfolio Debt Securities, Regulatory Capital Relief transactions, Infrastructure Credit, Strategic Credit investments, and CLO securities. The company’s strategic focus on CLO equity and junior debt tranches leverages deep industry expertise in private credit markets and structured credit products.
Overall, Eagle Point Credit Company combines investment in CLO securities with active portfolio management, including refinancing and capital deployment initiatives, to enhance returns and adapt to market conditions within the U.S. middle-market credit sphere. The company’s ongoing refinancing activities and capital raising through common and preferred stock issuances reflect its commitment to optimizing capital structure and supporting growth in a competitive credit investment environment.
Eagle Point Credit Company Inc. trades on the New York Stock Exchange under the symbol ECC and remains focused on its objectives of generating high current income and capital appreciation through specialized investments in CLOs and related credit assets within the U.S. market. It is headquartered in Greenwich, Connecticut and was founded in 2013.