Eagle Point Income Prices ~1.13M Shares Of Its 7.75% Series B Term Preferred Stock Due 2028 offering At $25/Share
Portfolio Pulse from Benzinga Newsdesk
Eagle Point Income Company Inc. (EIC) has priced approximately 1.13 million shares of its 7.75% Series B Term Preferred Stock due 2028 at $25 per share.
July 21, 2023 | 5:16 am
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NEUTRAL IMPACT
Eagle Point Income Company Inc. has priced its 7.75% Series B Term Preferred Stock due 2028 at $25 per share, which may impact its stock price.
The pricing of the preferred stock could have a neutral impact on the company's stock price in the short term. The impact will depend on the market's reaction to the pricing, which is not indicated in the news.
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