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Ellington Credit to Ring the Closing Bell at the New York Stock Exchange

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Ellington Credit Company (NYSE: EARN) has announced it will ring the closing bell at the New York Stock Exchange on April 2, 2025. The ceremony marks two significant milestones: the company's successful conversion to a closed-end fund focused on corporate collateralized loan obligation (CLO) investments and the 30-year anniversary of Ellington Management Group, EARN's investment adviser's parent company.

Ellington Credit Company (NYSE: EARN) ha annunciato che suonerà la campana di chiusura alla Borsa di New York il 2 aprile 2025. La cerimonia segna due traguardi significativi: la riuscita conversione della società in un fondo chiuso focalizzato sugli investimenti in obbligazioni garantite da prestiti aziendali (CLO) e il 30° anniversario di Ellington Management Group, la società madre del consulente agli investimenti di EARN.

Ellington Credit Company (NYSE: EARN) ha anunciado que sonará la campana de cierre en la Bolsa de Nueva York el 2 de abril de 2025. La ceremonia marca dos hitos significativos: la exitosa conversión de la empresa en un fondo cerrado centrado en inversiones en obligaciones de préstamos garantizados por empresas (CLO) y el 30 aniversario de Ellington Management Group, la empresa matriz del asesor de inversiones de EARN.

Ellington Credit Company (NYSE: EARN)2025년 4월 2일 뉴욕 증권 거래소에서 폐장 종을 울릴 것이라고 발표했습니다. 이 행사에서는 두 가지 중요한 이정표가 기념됩니다: 회사가 기업 담보 대출 의무(CLO) 투자에 초점을 맞춘 폐쇄형 펀드로 성공적으로 전환한 것과 EARN의 투자 자문 회사인 Ellington Management Group의 30주년 기념입니다.

Ellington Credit Company (NYSE: EARN) a annoncé qu'elle sonnera la cloche de clôture à la Bourse de New York le 2 avril 2025. La cérémonie marque deux jalons importants : la conversion réussie de l'entreprise en un fonds fermé axé sur les investissements en obligations de prêts garantis par des entreprises (CLO) et le 30e anniversaire du groupe Ellington Management, la société mère du conseiller en investissements d'EARN.

Ellington Credit Company (NYSE: EARN) hat bekannt gegeben, dass sie am 2. April 2025 die Schlussglocke an der New Yorker Börse läuten wird. Die Zeremonie markiert zwei bedeutende Meilensteine: die erfolgreiche Umwandlung des Unternehmens in einen geschlossenen Fonds, der sich auf Investitionen in Unternehmensbesicherte Kredite (CLO) konzentriert, und das 30-jährige Bestehen der Ellington Management Group, der Muttergesellschaft des Anlageberaters von EARN.

Positive
  • Successfully completed strategic transformation to CLO-focused closed-end fund
Negative
  • None.

Marks Successful Conversion to CLO Closed-End Fund —

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Credit Company (NYSE: EARN) announced today that it will ring the closing bell at the New York Stock Exchange on April 2, 2025 to celebrate its conversion to a closed-end fund focused on corporate collateralized loan obligation (“CLO”) investments.

The ringing of the closing bell will also commemorate the 30-year anniversary of Ellington Management Group, the parent company of EARN’s investment adviser.

About Ellington Credit Company

Ellington Credit Company (the “Fund”) is an externally managed, non-diversified closed-end fund that seeks to provide attractive current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations (CLOs), with a focus on mezzanine debt and equity tranches. The Fund is externally managed and advised by an affiliate of Ellington Management Group, L.L.C., a leading fixed-income investment manager founded in 1994. The Fund benefits from Ellington’s extensive experience and deep expertise in portfolio management, credit analysis, and risk management.

For additional information, visit www.ellingtoncredit.com.

Investors:

Ellington Credit Company

Investor Relations

(203) 409-3773

info@ellingtoncredit.com

or

Media:

Amanda Shpiner/Grace Cartwright

Gasthalter & Co.

for Ellington Credit Company

(212) 257-4170

Ellington@gasthalter.com

Source: Ellington Credit Company

FAQ

When will Ellington Credit (EARN) ring the NYSE closing bell?

Ellington Credit will ring the NYSE closing bell on April 2, 2025.

What recent transformation has Ellington Credit (EARN) undergone?

EARN has successfully converted to a closed-end fund focused on corporate collateralized loan obligation (CLO) investments.

What anniversary does the NYSE bell ringing ceremony commemorate for EARN?

The ceremony commemorates the 30-year anniversary of Ellington Management Group, the parent company of EARN's investment adviser.

What is the new investment focus of Ellington Credit (EARN)?

EARN's new investment focus is on corporate collateralized loan obligation (CLO) investments as a closed-end fund.
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