OREANDA-NEWS. Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, NYSE:ECCA, NYSE:ECCZ) is pleased to announce the declaration of distributions on shares of the Company’s 7.75% Series A Term Preferred Stock due 2022 (the “Series A Preferred Stock”).

The Company has declared a distribution of $0.161459 per share on its Series A Preferred Stock, payable on each of October 31, 2016, November 30, 2016 and December 30, 2016. The following schedule applies to the distributions:

                         
Ex-Dividend Date       Record Date       Payable Date       Amount per share of Series A Preferred Stock
October 13, 2016       October 17, 2016       October 31, 2016       $0.161459
November 10, 2016       November 15, 2016       November 30, 2016       $0.161459
December 13, 2016       December 15, 2016       December 30, 2016       $0.161459
                         

The distributions on the Series A Preferred Stock reflect an annual distribution rate of 7.75% of the $25 liquidation preference per share of the Series A Preferred Stock for each of October, November and December.

The specific tax characteristics of the distributions will be reported to the Company’s preferred stockholders on Form 1099 after the end of the 2016 calendar year.

ABOUT EAGLE POINT CREDIT COMPANY

The Company is a non-diversified, closed-end management investment company. The Company’s investment objectives are 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.