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Eagle Point Credit sells common shares

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Eagle Point Credit sells common shares

Greenwich, Conn.-based Eagle Point Credit Co. Inc. sold 1,054,397 common shares in its offering of up to $125 million of its common stock.

The company generated net proceeds of $15.3 million from the offering. Aggregate sales agent commissions stood at $311,577.

Eagle Point Credit did not sell any shares in its series B term preferred stock.