secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Capital Corp. (GECC)
CIK:        0001675033
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001193125-24-218913
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Capital Corp. conditional redemption of 6.75% Notes due 2025 contingent on new 8.125% Notes offering
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- Conditional redemption of all outstanding 6.75% Notes due 2025 at 100% of principal plus accrued interest.
- Redemption set for Oct 12, 2024, contingent on closing of new 8.125% Notes due 2029 offering.
- Redemption price $25.00 per note plus approx. $0.05625 accrued interest from Sept 30.
- If the 2029 Notes offering fails to close, redemption may be delayed or rescinded.
- Refinancing extends maturity from 2025 to 2029 but at a higher interest rate of 8.125%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675033/000119312524218913/0001193125-24-218913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675033/000119312524218913/d893152d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-218913

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