ECCB

Tron DAO Proud to announce St.Maartens's MP Rolando brison initiates law to legalize TRON based crypto

Retrieved on: 
Thursday, February 2, 2023

TRON DAO Proud to Announce St. Maarten’s MP Rolando Brison Initiates Law to Legalize TRON-Based Crypto

Key Points: 
  • TRON DAO Proud to Announce St. Maarten’s MP Rolando Brison Initiates Law to Legalize TRON-Based Crypto
    TRON DAO reveals the government of the Eastern Caribbean island of St. Martin initiated the proposal of a law to designate TRON as the country’s blockchain infrastructure and TRON-based cryptocurrency as legal tender for everyday usage.
  • The St. Martin News Network (SMNN) today highlighted MP Brison’s declaration to advance a law that would officially make TRON and TRON-based cryptocurrency part of St. Maarten’s local commerce and economic infrastructure.
  • Brison is now working to translate “the law in a manner that fits our Dutch legal system and local economy,” SMNN reported.
  • TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Government of St Kitts and Nevis does NOT accept cryptocurrency as a form of payment for its Citizenship by Investment programme

Retrieved on: 
Monday, November 14, 2022

The St Kitts and Nevis citizenship by investment programme is the oldest in the world, having been established in 1984 it has been providing investors from across the globe with one of the quickest, easiest, and most affordable routes to second citizenship.

Key Points: 
  • The St Kitts and Nevis citizenship by investment programme is the oldest in the world, having been established in 1984 it has been providing investors from across the globe with one of the quickest, easiest, and most affordable routes to second citizenship.
  • Investors cannot make payments to a government-approved agent or the Citizenship by Investment Unit by using cryptocurrencies directly.
  • St Kitts and Nevis has not yet passed any legislation regarding cryptocurrency.
  • Being a citizen of St Kitts and Nevis offers investors a myriad of benefits including family reunification, global mobility, enhanced security, and increased economic opportunities.

Eagle Point Credit Company Inc. Announces First Quarter 2022 Financial Results

Retrieved on: 
Tuesday, May 24, 2022

Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter ended March 31, 2022, net asset value (NAV) as of March 31, 2022 and certain additional activity through April 30, 2022.

Key Points: 
  • Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter ended March 31, 2022, net asset value (NAV) as of March 31, 2022 and certain additional activity through April 30, 2022.
  • SECOND QUARTER 2022 PORTFOLIO ACTIVITY THROUGH APRIL 30, 2022 AND OTHER UPDATES
    During April 2022, the Company received $43.5 million of recurring cash distributions from its investment portfolio.
  • Additionally, and as previously announced, the Company declared distributions of $0.14 per share of common stock payable on May 31, 2022, June 30, 2022, July 29, 2022, August 31, 2022 and September 30, 2022 to stockholders of record as of May 11, 2022, June 10, 2022, July 11, 2022, August 11, 2022 and September 12, 2022, respectively.
  • Additionally, and as previously announced, the Company declared distributions of $0.140625 per share on its Series D Preferred Stock, payable on each of May 31, 2022, June 30, 2022, July 29, 2022, August 31, 2022 and September 30, 2022 to stockholders of record as of May 11, 2022, June 10, 2022, July 11, 2022, August 11, 2022 and September 12, 2022, respectively.

Eastern Caribbean Securities Exchange (ECSE) Signs Master Agreement with Blockstation to Launch Regulated Digital Asset Platform

Retrieved on: 
Tuesday, March 29, 2022

The ECSE set to become the first regulated exchange in the Western Hemisphere to enable Tokenized IPOs

Key Points: 
  • Toronto, Ontario and Basseterre, St. Kitts--(Newsfile Corp. - March 29, 2022) - The Eastern Caribbean Securities Exchange Ltd (ECSE) is pleased to announce the signing of a Master Agreement with Canadian FinTech Blockstation to launch a new blockchain-driven tokenized securities market.
  • This Master Agreement follows a successful pilot of the Blockstation platform which involved the ECSE, the Eastern Caribbean Central Securities Depository Ltd, First Citizens Investment Services Ltd, the Bank of St. Lucia Ltd, and the Grenada Co-operative Bank Ltd in 2021.
  • The Eastern Caribbean Securities Exchange Ltd (ECSE) is a fully electronic regional exchange that was promoted by the Eastern Caribbean Central Bank (ECCB), as a part of a programme to develop money and capital markets in the Eastern Caribbean Currency Union (ECCU).
  • The ECSE, was launched in October 2001, along with two subsidiaries, the Eastern Caribbean Central Securities Registry Ltd (ECCSR) and the Eastern Caribbean Central Securities Depository Ltd (ECCSD), to provide the infrastructure for the trading, clearing and settlement, and registration and transfer of financial assets on the Eastern Caribbean Securities market (ECSM) and, subsequently, the Regional Government Securities Market (RGSM).

Eagle Point Credit Company Inc. Announces Fourth Quarter 2021 and Year-End 2021 Financial Results

Retrieved on: 
Thursday, February 17, 2022

Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCB, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter and fiscal year ended December 31, 2021, net asset value (NAV) as of December 31, 2021, and certain additional activity through February 11, 2022.

Key Points: 
  • Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCB, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter and fiscal year ended December 31, 2021, net asset value (NAV) as of December 31, 2021, and certain additional activity through February 11, 2022.
  • Fourth quarter GAAP net income (inclusive of unrealized mark-to-market losses) of $7.3 million, or $0.20 per weighted average common share.
  • We closed out 2021 with another excellent quarter, with NII and realized losses before non-recurring items of $0.44 per share.
  • For the quarter ended December 31, 2021, the Company recorded GAAP net income of $7.3 million, or $0.20 per weighted average common share.

Eagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2021 and Year-End 2021 Financial Results on Thursday, February 17, 2022

Retrieved on: 
Thursday, February 3, 2022

The Company will discuss its financial results on a conference call on that day at 10:00 a.m. (Eastern Time).

Key Points: 
  • The Company will discuss its financial results on a conference call on that day at 10:00 a.m. (Eastern Time).
  • Thomas P. Majewski, Chief Executive Officer, will host the call along with Kenneth P. Onorio, Chief Financial Officer.
  • The Company is externally managed and advised by Eagle Point Credit Management LLC.
  • This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Eagle Point Credit Company Inc. Announces Exercise and Closing of Overallotment Option in Offering of Notes

Retrieved on: 
Friday, January 28, 2022

The exercise of the overallotment option resulted in additional net proceeds to the Company of approximately $6.1 million after payment of underwriting discounts and commissions.

Key Points: 
  • The exercise of the overallotment option resulted in additional net proceeds to the Company of approximately $6.1 million after payment of underwriting discounts and commissions.
  • The 2029 Notes are rated BBB+ by Egan-Jones Ratings Company.
  • The 2029 Notes trade on the New York Stock Exchange under the symbol ECCV, and the 2029 Notes issued pursuant to the overallotment will trade under the same symbol.
  • The Company is externally managed and advised by Eagle Point Credit Management LLC.

Eagle Point Credit Company Inc. Announces Full Redemption of the 7.75% Series B Term Preferred Stock Due 2026 and 6.75% Notes Due 2027 and Partial Redemption of the 6.6875% Notes Due 2028

Retrieved on: 
Friday, January 14, 2022

The redemption price of the 2027 Notes will be $25 plus accrued and unpaid interest through, but excluding, the 2027 Notes Redemption Date.

Key Points: 
  • The redemption price of the 2027 Notes will be $25 plus accrued and unpaid interest through, but excluding, the 2027 Notes Redemption Date.
  • The redemption price for the 2028 Notes will be $25 plus accrued and unpaid interest through, but excluding, the 2028 Notes Redemption Date.
  • All of the Series B Preferred Stock, the 2027 Notes and the 2028 Notes are held in book-entry form through The Depository Trust Company (DTC) and the Series B Term Preferred Stock, 2027 Notes and 2028 Notes will each be redeemed in accordance with the procedures of DTC.
  • Payment to DTC for the shares of Series B Term Preferred Stock, the 2027 Notes and the 2028 Notes will be made by American Stock Transfer & Trust Company, LLC, (the Redemption and Paying Agent).

Eagle Point Credit Company Inc. Prices $87 Million Public Offering of Notes

Retrieved on: 
Thursday, January 13, 2022

Eagle Point Credit Company Inc. (the Company) (NYSE:ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) today announced that it has priced an underwritten public offering of $87,000,000 aggregate principal amount of its 5.375% notes due 2029 (the 2029 Notes), which will result in net proceeds to the Company of approximately $83.9 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Key Points: 
  • Eagle Point Credit Company Inc. (the Company) (NYSE:ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) today announced that it has priced an underwritten public offering of $87,000,000 aggregate principal amount of its 5.375% notes due 2029 (the 2029 Notes), which will result in net proceeds to the Company of approximately $83.9 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.
  • The 2029 Notes are rated BBB+ by Egan-Jones Ratings Company.
  • The Company intends to list the 2029 Notes on the New York Stock Exchange under the symbol ECCV.
  • The Company is externally managed and advised by Eagle Point Credit Management LLC.

Eagle Point Credit Company Inc. Announces Offering of Notes

Retrieved on: 
Wednesday, January 12, 2022

Eagle Point Credit Company Inc. (the Company) (NYSE:ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) today announced that it has commenced an underwritten public offering of unsecured notes due 2029 (the 2029 Notes).

Key Points: 
  • Eagle Point Credit Company Inc. (the Company) (NYSE:ECC, ECCB, ECCC, ECC PRD, ECCW, ECCX, ECCY) today announced that it has commenced an underwritten public offering of unsecured notes due 2029 (the 2029 Notes).
  • The public offering price and other terms of the 2029 Notes are to be determined by negotiations between the Company and the underwriters.
  • The 2029 Notes are rated BBB+ by Egan-Jones Ratings Company.
  • The Company is externally managed and advised by Eagle Point Credit Management LLC.