GREENWICH, Conn., October 15, 2024–(BUSINESS WIRE)–Eagle Point Institutional Income Fund (the “Fund”) is an 8.125% Series A Term Preferred Interest due 2029 in the Fund. We announced that we have acquired shares (“”). Preferred Stock”) has been admitted to listing and trading on the New York Stock Exchange (“NYSE”). The Fund expects its preferred shares to begin trading on the New York Stock Exchange on October 18, 2024 under the ticker symbol “EIIA.”
About Eagle Point Institutional Investor Income Fund
The Fund is a non-diversified, closed-end managed investment company. The Fund’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in equity and junior debt tranches of secured loan debt. The Fund is externally managed and advised by Eagle Point Credit Management LLC. The Fund’s common stock beneficial interests are not listed on any stock exchange.
Forward-looking statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical fact contained in this press release may constitute forward-looking statements and are not guarantees of future performance or performance. Results involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of many factors, including those described in the prospectus and the Fund’s other filings with the SEC. The Fund undertakes no obligation to update any forward-looking statements made herein. All forward-looking statements speak only as of the date of this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241015711923/en/
contact address
Investor information:
203-340-8560
EPIIF@EaglePointCredit.com
www.epif.com
