ECCA Eagle Point Credit Company Inc

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, NYSE:ECCA) today is pleased to announce the declaration of a distribution on shares of the Company’s common stock.

The Company has declared a distribution of $0.60 per share on its common stock, payable on October 30, 2015 to stockholders of record as of September 30, 2015. The following schedule applies to the distribution:

                Ex-Dividend Date: September 28, 2015 Record Date: September 30, 2015 Payable Date: October 30, 2015

Amount:

$0.60 per share of common stock

 

Chief Executive Officer Thomas Majewski commented, “We continue to be pleased with the cash flow generated by the Company’s portfolio, which has already generated approximately $14.6 million (or $1.06 per common share) of cash distributions to date in the third quarter of 2015.”

Distributions are generally expected to be paid from net investment income (regular interest and dividends) but may also include capital gains and/or a return of capital. The specific tax characteristics of the distribution will be reported to the Company’s shareholders on Form 1099 after the end of the 2015 calendar year.

ABOUT EAGLE POINT CREDIT COMPANY

The Company is a publicly-traded, non-diversified, closed-end management investment company. The Company’s investment objective is to generate high current income and capital appreciation primarily through investment in equity and junior debt tranches of collateralized loan obligations. The Company is externally managed and advised by Eagle Point Credit Management LLC. The principals of Eagle Point Credit Management LLC are Thomas P. Majewski, Daniel W. Ko and Daniel M. Spinner. The Company makes certain unaudited portfolio information available on its website on a monthly basis as well as certain other unaudited financial information (www.eaglepointcreditcompany.com).

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company’s filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Source: Eagle Point Credit Company Inc.

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Investor Relations:Eagle Point Credit Company Inc.Kenneth P. Onorio, 203-340-8500Chief Financial OfficerIR@EaglePointCredit.comwww.eaglepointcreditcompany.com