23 Oct 2025

"Simpson Thacher Advises Eagle Point Credit Management on $110 Million Senior Notes Purchase from BCP Investment Corporation"

"Simpson Thacher advised Eagle Point Credit Management LLC in the acquisition of senior notes from BCP Investment Corporation, totaling $110 million. The offering included $35 million in 7.50% notes due 2028 and $75 million in 7.75% notes due 2030. The team involved in the transaction included Steven Grigoriou, Jonathan Pacheco, Linh Nguyen, and Ekok Soubir."

Simpson Thacher represented Eagle Point Credit Management LLC in a recent transaction involving the purchase of senior notes by certain Eagle Point funds and accounts. The transaction was a registered direct offering by BCP Investment Corporation, a business development company, which included $35 million in 7.50% notes due 2028 and $75 million in 7.75% notes due 2030. The Simpson Thacher team that worked on this transaction included Steven Grigoriou, Jonathan Pacheco, Linh Nguyen, and Ekok Soubir, all of whom are part of the Registered Funds practice area.
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