secwatch / observer
8-K filed April 17, 2024, 7:59 PM ET ticker GECC CIK 0001675033
debt confidence high sentiment neutral materiality 0.60

Great Elm Capital Corp. (GECC): debt financing — Great Elm Capital Corp. issues $30M of 8.50% notes due 2029; net proceeds ~$28.6M

Great Elm Capital Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Great Elm Capital Corp. incurred senior notes of $30.0 million aggregate principal amount at 8.50% per year maturing mature on April 30, 2029.

Instrument
senior notes
Principal
$30.0 million aggregate principal amount
Rate
8.50% per year
Maturity
mature on April 30, 2029
Event
incurrence
Exact text from the filing
between the Company and the Trustee (as supplemented by the Sixth Supplemental Indenture, the “Indenture”). The Sixth Supplemental Indenture relates to the Company’s issuance of $30.0 million aggregate principal amount of 8.50% notes due 2029 (the “Notes”) on the date hereof, plus up to an additional $4.5 million aggregate principal amount of Notes that may be issued
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Great Elm Capital Corp. entered into Sixth Supplemental Indenture with Equiniti Trust Company, LLC valued at $30,000,000 (effective 2024-04-17).

Action
entry
Agreement
notes offering
Counterparty
Equiniti Trust Company, LLC
Value
$30,000,000
Effective
2024-04-17
Exact text from the filing
On April 17, 2024, Great Elm Capital Corp. (the “Company”) and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company, LLC), as trustee (the “Trustee”), entered into a sixth supplemental indenture (the “Sixth Supplemental Indenture”) to the indenture, dated September 18, 2017, between the Company and the Trustee (as supplemented by the Sixth Supplemental Indenture, the “Indenture”).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

Great Elm Capital Corp. filing history →

Source: SEC EDGAR
accession 0001133228-24-003850
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