---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-010214"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2025-08-13T23:59:59+00:00"
generated_at: "2026-05-17T13:57:13.262663+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Great Elm upsizes revolver to $50M, cuts rate to SOFR+2.50%

## Summary
- Revolving facility increased from $25M to $50M, with option to raise to $90M.
- Interest rate reduced to SOFR+2.50% from SOFR+3.00%.
- Maturity extended to earlier of May 5, 2027 or May 31, 2026 if 5.875% notes not refinanced.
- Minimum net assets covenant set at $80M.
- CEO cites growing capital base and enhanced flexibility to fund risk-adjusted returns.

## SEC filing metadata
- accession: 0000950103-25-010214
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2025-08-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095010325010214/0000950103-25-010214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095010325010214/dp232978_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-010214
- JSON: https://secwatch.observer/filing/0000950103-25-010214.json
- Plain text: https://secwatch.observer/filing/0000950103-25-010214.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.