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Eagle Point Credit Company announces net investment income, NAV per-share estimates for Q1'16

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Eagle Point Credit Company announces net investment income, NAV per-share estimates for Q1'16

Eagle Point CreditCo. Inc. on April 8 announced an unaudited estimate of the range ofits net investment income per share and its net asset value per share for the quarterended March 31.

Based on preliminary results, Eagle Point's unaudited net investmentincome per share was between 60 cents and 62 cents for the quarter. Its unauditedestimate of net asset value per share as of March 31 was between $12.97 and $13.07.

The net asset value estimate reflects a reduction for the company'sdistribution of 60 cents per share, which is carried as a liability until it ispaid. The distribution is payable April 29 to shareholders of recordas of March 31.