Eagle Point Credit Company Inc. (NYSE:ECC) (NYSE:ECCA) (the “Company”) has today announced certain estimated portfolio information for the month ended September 30, 2015.

As with the prior month, during September, many holdings in the Company’s investment portfolio continued to face pricing pressure consistent with the price volatility faced in the broader global markets. Based on preliminary results, the Company’s unaudited estimate of its net asset value (“NAV”) per share of common stock as of September 30, 2015 was between $15.76 and $15.86. This range reflects management’s preliminary estimate for the period ending September 30, 2015, is announced for information purposes only and is subject to revision when the Company’s board of directors determines the quarter-end NAV. The range of estimated NAV per share reflects a reduction for the Company’s previously declared, but currently unpaid, distribution of $0.60 per share of common stock, which is carried as a liability until paid. This distribution is payable on October 30, 2015 to stockholders of record as of September 30, 2015.

Chief Executive Officer Thomas Majewski commented, “Even during this period of mark-to-market price volatility, we continue to be pleased with the cash flow generated by the Company’s investment portfolio.”

During the Company’s quarter ended September 30, 2015, the Company received approximately $16.7 million (or approximately $1.21 per share of common stock) in cash distributions on its investment portfolio. In its current fiscal quarter ending December 31, 2015, the Company expects to receive in excess of $17.5 million (or approximately $1.27 per share) in cash distributions on its investment portfolio. The majority of these cash flows are expected to be received by the end of October 2015. Based on a review of these cash flows and its portfolio, the Company does not anticipate a material change in the internal return estimates for the Company’s CLO equity positions.

Going forward, the Company intends to make a preliminary monthly estimate of the range of the Company’s NAV per share of common stock available on its website (www.eaglepointcreditcompany.com) within the first 15 days after month end. Thereafter, toward the latter part of the each month, and in line with the Company’s usual practice for prior months, the Company intends to continue to make additional portfolio information available on its website, including a monthly portfolio update and an updated estimate of NAV, if applicable.

ABOUT EAGLE POINT CREDIT COMPANY

The Company is a 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 each month on its website in addition to making certain other unaudited financial information available on its website (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.

FURTHER INFORMATION REGARDING PROJECTED FINANCIAL INFORMATION

The projection of cash distributions expected to be received from the Company’s investment portfolio during the fiscal quarter ending December 31, 2015 reflects management’s judgment as of the date of this press release of conditions it expects to exist and the course of action it expects the Company to take during the three months ending December 31, 2015. The projected amount is based on information included in monthly CLO trustee reports and assumes that the CLO investments held by the Company comply with their distribution waterfall requirements for the current period. Although the Company considers its assumptions to be reasonable as of the date of this press release, such assumptions are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projection, including risks and uncertainties described in the Company’s filings with the SEC, such as the risks described as under the heading “Investment Risk Factors and Concentration of Investments” in the notes to the Company’s consolidated financial statements included in the Company’s Semi-Annual Report to Stockholders for the six months ended June 30, 2015. Accordingly, there can be no assurance that the projection is indicative of the Company’s future performance or that actual results will not differ materially from those presented in the projection.

The projected cash distribution information was not prepared with a view toward complying with the guidelines established by the American Institute of Certified Public Accountants with respect to prospective financial information, but, in the Company’s view, was prepared on a reasonable basis and reflects the best currently available estimates and judgments of Company management. However, this information is not fact and readers of this press release should not rely upon this information as being necessarily indicative of future results or to place undue reliance on the projected financial information. Inclusion of the projected financial information in this press release should not be regarded as a representation by any person that the results contained in the projected financial information will be achieved.

Neither the Company’s independent registered public accounting firm nor any other independent accountants has compiled, examined, or performed any procedures with respect to the projected financial information contained herein, nor has either one of them expressed any opinion or any other form of assurance on such information or its achievability, and assume no responsibility for, and disclaim any association with, the prospective financial information.

The Company does not generally plan to publish projected financial information. Accordingly, the Company does not intend to update or otherwise revise the projected financial information for the fiscal quarter ending December 31, 2015 to reflect circumstances existing since its preparation or to reflect the occurrence of unanticipated events, even in the event that any or all of the underlying assumptions are shown to be in error. Furthermore, the Company does not intend to update or revise the prospective financial information to reflect changes in general economic or industry conditions.

Source: Eagle Point Credit Company Inc.

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

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