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Eagle Point Credit Company Inc. Announces Fourth Quarter and Full Year 2025 Financial Results, Common Stock Repurchase Program and Second Quarter 2026 Common and Preferred Distributions

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  • Eagle Point Credit Company Inc. announced financial results for the quarter and full year ended December 31, 2025, plus activity through January 31, 2026.
  • Net asset value per common share was $5.70 as of December 31, 2025, down from $7.00 as of September 30, 2025.
  • Net investment income was $0.23 per weighted average common share, offset by realized losses of $0.49 per share to result in a net loss of negative $0.26 per share.
  • GAAP net loss attributable to common stock was $109.9 million, or $0.84 per share, driven by $69.4 million in net unrealized losses 64.1 million in realized losses, 20.4 million in financing costs, 5.8 million in distribution amortization, 1.3 million in liability unrealized losses, 0.2 million in currency contract losses, offset by 51.2 million in investment income.
  • The company deployed $183.7 million in gross capital into new investments with a weighted average effective yield of 15.4%.
  • Completed 10 CLO resets 3 refinancings, 34 resets 27 refinancings for the full year 2025.
  • Issued over 1.3 million shares of Series AA 7.00% and Series AB 7.00% Convertible Perpetual Preferred Stock for $29.4 million in proceeds.
  • As of December 31, 2025, debt 6.75% preferred equity securities totaled 47.6% of total assets less current liabilities.
  • The company completed the full redemption of its 8.00% Series F Term Preferred Stock due 2029.
  • Launched a joint venture with a strategic partner to acquire regulatory capital relief investments.
  • Authorized a stock repurchase program to buy up to $100 million of common stock in the open market over one year.
  • Declared monthly common stock distributions of $0.06 per share for the second quarter of 2026, payable April 30, May 29, 6.30.
  • Declared distributions on Series C Term Preferred Stock ($0.135417 per share), Series D Preferred Stock ($0.140625 per share), 7.00% Series AA 6.75% Series AB Convertible Perpetual Preferred Stock ($0.145834 per share).
  • Estimated NAV per common share ranges between $5.44 5.54 as of January 31, 2026.
  • Received $56.6 million in recurring cash distributions from the portfolio through January 31, 2026.
  • Hosted a conference call on February 17, 2026, at 10:00 a.m. Eastern Time to discuss results.
  • Financial results are based on estimated 6.75% unaudited information subject to final audit procedures.