Eagle Point Credit (ECC) delists 8% Series F preferred from NYSE
Rhea-AI Filing Summary
Eagle Point Credit Company Inc. is removing its 8.00% Series F Term Preferred Stock due 2029 from listing and registration on the New York Stock Exchange. The NYSE filed a Form 25, stating that both the exchange and the company complied with applicable exchange rules and SEC requirements for voluntary withdrawal of this class of securities.
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Insights
Eagle Point Credit delists its 8% Series F preferred from NYSE, a procedural but notable capital-structure step.
The filing states that the 8.00% Series F Term Preferred Stock due 2029 of Eagle Point Credit Company Inc. will be removed from listing and registration on the New York Stock Exchange. The process follows the exchange’s rules and SEC Rule 12d2-2 for voluntary withdrawal.
The notice is signed on behalf of the NYSE by an authorized analyst in Market Watch, indicating this is a formal, exchange-driven step rather than a trading anomaly. Actual implications for liquidity or trading venue are not described in the excerpt; those would depend on information outside this document.
FAQ
What action is Eagle Point Credit Company (ECC) taking in this filing?
Which Eagle Point Credit (ECC) security is being delisted?
Who filed the Form 25 related to Eagle Point Credit (ECC)?
Is the delisting of Eagle Point Credit’s Series F preferred stock voluntary?
What SEC rule governs Eagle Point Credit’s (ECC) delisting process?