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
News sentiment analysis
Sort by:
Ascending
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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100