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Eagle Point Income offers $30 million series A term preferred stock
By Marisa Wong
Los Angeles, Oct. 6 – Eagle Point Income Co. Inc. is offering $30 million, or 1.2 million shares, of $25-par series A term preferred stock, according to a registration statement with the Securities and Exchange Commission.
The deal will include a $4.5 million greenshoe, or 180,000 of additional shares.
Ladenburg Thalmann & Co. Inc. is the underwriter.
Eagle Point intends to list the preferreds on the New York Stock Exchange under the ticker symbol “EICA.”
The closed-end fund is based in Greenwich, Conn.
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