Eagle Point Credit to Fully Redeem Series F Term Preferred Stock in January
The move aligns with the firm’s capital management strategy and affects over 2.4 million preferred shares.
December 30, 2025
Eagle Point Plans Full Redemption of Series F Term Preferred Stock
Eagle Point Credit is taking action to simplify its capital structure. On December 29, the firm notified Equiniti Trust Company—its redemption agent—that it will redeem all 2,486,244 outstanding shares of its 8.00% Series F Term Preferred Stock. The redemption is scheduled to close on January 30, 2026.
Each share will be redeemed at $25, with the company also paying out any accumulated but unpaid dividends through the day before redemption. That amount will be calculated up to—but not including—January 30. Interest won't accrue on those payments.
Equiniti will be responsible for sending the official redemption notices and coordinating with holders of the Series F stock. Eagle Point’s filing confirms that this notice is already in motion.
This update is part of Eagle Point’s broader capital management strategy. By retiring the Series F shares, the company is positioning itself to manage liabilities and reallocate capital more efficiently. Investors in other Eagle Point securities—such as its Series C and D preferred shares and multiple debt instruments—won’t be affected by this particular redemption.
The company remains active across the structured credit space, primarily focused on CLO equity and debt. The Series F shares, listed under ticker ECCF, have been part of the firm’s capital stack since issuance. The planned redemption marks a step toward optimizing that stack heading into 2026.
Shareholders can expect a follow-up communication from Equiniti with payment details and next steps. Eagle Point is following the standard redemption process to ensure clarity and consistency for investors.
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