debt
confidence high
sentiment neutral
materiality 0.35
Great Elm Capital extends credit facility maturity to June 2029; pays $350K extension fee
Great Elm Capital Corp.
- Sixth Amendment with City National Bank extends Revolving Maturity Date to June 8, 2029 (or March 31, 2029 if 8.50% notes not refinanced).
- Extension fee of $350,000 paid; no defaults triggered; facility continues to be secured.
- Definition of GECCI Notes (8.50% notes due 2029, $56.5M) updated; GECCO Notes definition removed.