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Legman

2,189 Posts.

342

04/04/23

18:34

Post #: 67133672
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Originally posted by J L: ↑

Legman, young fellow, you are getting a lot of advice, but not too much substance to work with.

The workings of EECP is hard to unravel. I don't think you will get into the nitty gritty of it or the parent company.

My understanding is that EECP is a part of ECP, which is a private LL Company. (I think).

They do, however, seem to have a definite MO when dealing with small amounts. Below is one similar to that with NRZ. Useless info but interesting, IMO.

A link and example. I'm sure that you will be impressed with the similarity in the wording.

Institutional Placing of up to US$6 million (investis.com)

Hope this helps, mate. J L.

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Thank you J L (and IW).
I missed the connection to ECP and Odeon.
The Tower transaction was the only reference to EECP (other than NRZ related) that I could find. I found this unusual.
EECP certainly appear to be a lender of last resort. Notable that Odeon also specialise in distressed sales.

NRZ Price at posting: 9.1¢ Sentiment: Sell Disclosure: Not Held
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