debt
confidence high
sentiment neutral
materiality 0.50
Great Elm Capital Corp. to redeem $30M of 8.75% notes due 2028, may redeem extra $10M contingent on financing
Great Elm Capital Corp.
- Redeems $30M aggregate principal of 8.75% Notes due 2028 (CUSIP 390320 802) on Sept 30, 2025 at 100% of par plus accrued interest.
- Conditional notice to redeem an additional $10M of the same notes on Sept 30, 2025, subject to completing financing transactions generating net proceeds of at least $10M.
- Redemption date for the conditional portion may be delayed or rescinded if financing not completed by Sept 30 or extended deadline.
- Interest payment of accrued interest from June 30 to Sept 30, 2025 will be paid to holders of record on Sept 15, 2025.
item 8.01item 9.01