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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.


NYSE:EIC - Post by User

Post by Commonlogicon Oct 10, 2000 9:35am
221 Views
Post# 2629191

Today is steel nerve day!!

Today is steel nerve day!!Today should be the day -- we are definitely past the 10 days mentioned in the press release (although maybe they meant Business days and not Calander days) --- but this is the day they have been telling every one on the phone. If we do not hear anything after close today -- tomorrow could be a very scarey day --- keep your fingers crossed that this goes thru and that it is for $5.00 as previously announced .... anything less or any lack of news is going to pound it lower tomorrow ... closing my eyes now (fingers are crossed).
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