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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

Comment by TimHortonsismoreon Oct 11, 2000 2:13am
253 Views
Post# 2634642

RE: ten days

RE: ten days Hope you are right but I am sure the other thing that is being really combed over is how robust the economy is. As the Naz is saying -- it does not seem to be as robust as once thought (yes even a short 10 days ago). All I can say is .... God Help us if an offer does not come in prior to tomorrow's opening -- I fear that a lot of people are going to be dumping if such an offer does not come in prior tomorrows opening --- In fact the deal could be in serious trouble if something is not announced prior to the openning -- it is usually a sign of problems when the deals are not announced on schedule as planned. I am sure very few people would want to see their holdings go back down to $2 (or so) -- therefore I really hate the thought of a lot of people dumping --- I just am not sure there are enough buyers that will be confident enough -- keep your fingers crossed!!
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