secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Capital Corp. (GECC)
CIK:        0001675033
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0000950103-25-011541
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Capital Corp. issues $50M of 7.75% Notes due 2030
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- Issued $50M aggregate principal of 7.75% Notes due 2030; underwriters have option for additional $7.5M until Oct 4, 2025.
- Net proceeds from offering ~$48.1M (~$55.4M if overallotment exercised).
- Proceeds to redeem all outstanding 8.75% Notes due 2028; may also redeem/repurchase other notes or repay borrowings.
- Notes mature Dec 31, 2030; bear interest at 7.75% payable quarterly starting Dec 31, 2025.
- Notes are direct unsecured obligations of Great Elm Capital Corp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675033/000095010325011541/0000950103-25-011541-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675033/000095010325011541/dp234250_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-011541

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer