Eagle Point Credit Co Inc Series C Pfd美股招股说明书(2025-04-18版)

5,111,311 SharesEAGLE POINT CREDIT COMPANY INC.7.00% SeriesAA Convertible and Perpetual Preferred Stock7.00% SeriesAB Convertible and Perpetual Preferred StockLiquidation Preference $25.00 per share We are an externally managed, non-diversified closed-end management investment company that has registered as an investmentcompany under the Investment Company Act of 1940, as amended, or the “1940 Act.” Our primary investment objective is to generatehigh current income, with a secondary objective to generate capital appreciation. We seek to achieve our investment objectives byinvesting primarily in equity and junior debt tranches of collateralized loan obligations, or “CLOs,” that are collateralized by aportfolio consisting primarily of below investment grade U.S. senior secured loans with a large number of distinct underlyingborrowers across various industry sectors. We may also invest in other related securities and instruments or other securities andinstruments that our investment adviser believes are consistent with our investment objectives, including senior debt tranches of CLOs,loan accumulation facilities, or “LAFs,” and securities issued by other securitization vehicles, such as credit-linked notes andcollateralized bond obligations, or “CBOs,” and synthetic investments, such as significant risk transfer securities and credit risktransfer securities issued by banks or other financial institutions. LAFs are short- to medium-term facilities often provided by the bankthat will serve as the placement agent or arranger on a CLO transaction. LAFs typically incur leverage between four and six timesprior to a CLO’s pricing. The CLO securities in which we primarily seek to invest are unrated or rated below investment grade and areconsidered speculative with respect to timely payment of interest and repayment of principal. Unrated and below investment gradesecurities are also sometimes referred to as “junk” securities. In addition, the CLO equity and junior debt securities in which we investare highly leveraged (with CLO equity securities typically being leveraged ten times), which magnifies our risk of loss on suchinvestments. See “Risk Factors—Risks Related to Our Investments—We may leverage our portfolio, which would magnify thepotential for gain or loss on amounts invested and will increase the risk of investing in us” in the accompanying prospectus. Eagle Point Credit Management LLC, or the “Adviser,” our investment adviser, manages our investments subject to thesupervision of our board of directors (the “Board of Directors”). As of December31, 2024, the Adviser and its affiliates had over $12billion of gross assets under management, inclusive of committed but undrawn capital as of such date. Eagle Point AdministrationLLC, an affiliate of the Adviser, or the “Administrator,” serves as our administrator. We are offering up to 5,111,311 shares, par value $0.001 per share of preferred stock, with an aggregate liquidation preference of$127,782,773. The preferred stock will be issued in multiple series, including the 7.00% SeriesAA Convertible and PerpetualPreferred Stock, or the “SeriesAA Preferred Stock,” and the 7.00% SeriesAB Convertible and Perpetual Preferred Stock, or the“SeriesAB Preferred Stock”, and together with the SeriesAA Preferred Stock, the “Offered Preferred Stock.” This offering is part ofour program, which commenced in March2024, to offer a total of 8,000,000 shares of the Offered Preferred Stock, with an aggregateliquidation preference of $200,000,000. This prospectus supplement and the related prospectus also cover the shares of common stockinto which the Offered Preferred Stock may be converted. We intend to pay monthly dividends on the Offered Preferred Stock at an annual rate of 7.00% of the Liquidation Preference, or$1.75 per share per year. The Offered Preferred Stock has no maturity date and will remain outstanding indefinitely unless convertedby the holder or by us. The Offered Preferred Stock will rank senior in right of payment to our common stock, will rank equally inright of payment with any shares of Preferred Stock (including our 6.50% SeriesC Term Preferred Stock due 2031 (the “SeriesC TermPreferred Stock”), 6.75% SeriesD Preferred Stock (the “SeriesD Preferred Stock”) and 8.00% SeriesF Term Preferred Stock due2029 (the “SeriesF Term Preferred Stock”)) we have issued or may issue in the future and will be subordinated in right of payment toour existing and future senior indebtedness (including our 6.6875% notes due 2028, 5.375% notes due 2029, 7.75% notes due 2030,and 6.75% notes due 2031). Each holder of the Offered Preferred Stock will be entitled to one vote for each share of Offered PreferredStock held on each matter submitted to a vote of our stockholders, and the holders of all of our outstanding Preferred Stock andcommon stock will generally vote together as a single class. The holders of shares of the Offered Preferred Stock (together with theholders of our SeriesC