Eagle Point Income Company Inc V.EIC

Primary Symbol: EIC Alternate Symbol(s): EICB | EICC

Eagle Point Income Company Inc. is an externally managed, 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 these objectives by investing primarily in junior debt tranches of collateralized loan obligations (CLOs) rated BB. In addition, the Company may invest up to 35% of its total assets (at the time of investment) in CLO equity securities and other securities and instruments that are consistent with its investment objectives. The Company may also invest in other securities and instruments objectives such as securities issued by other securitization vehicles. The Company may also invest in other junior debt tranches of CLOs, senior debt tranches of CLOs, loan accumulation facilities (LAF) and other related securities and instruments. The investment advisor of the Company is Eagle Point Income Management LLC.

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Eagle Point Income Company Inc > This NR might help Eicon (re..Sega)

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Comment by bechaboton Jun 05, 2000 9:03am

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Post# 2014974

RE: This NR might help Eicon (re..Sega)

Taken directly from The Gazette May 12th article: "As well, the company was hurt by a delay in shipping such Digital Subscriber Line products as modems, because of supply problems with Motorola [MOT], which was unable to meet Eicon's standards of quality control. Under the restructuring plan, the company plans to focus on: advanced Net-access equipment; unified-messaging services that incorporate voice and data transmissions; and custom-designed electronic devices." Big Ben

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