Loan & DebtApr 27, 2026, 05:27 PM
GECC to Redeem All 5.875% Notes Due 2026 on May 27
AI Summary
Great Elm Capital Corp. announced its decision to fully redeem its 5.875% Notes due 2026 (NASDAQ: GECCO) on May 27, 2026. The company will pay 100% of the principal amount, or $25.00 per note, along with accrued and unpaid interest of $0.228472 per note. Interest on the notes will cease to accrue after the redemption date.
Key Highlights
- Great Elm Capital Corp. (GECC) will redeem all of its 5.875% Notes due 2026 (NASDAQ: GECCO).
- The redemption date for the notes is May 27, 2026.
- Notes will be redeemed at 100% of their principal amount, which is $25.00 per note.
- Accrued and unpaid interest of $0.228472 per note will also be paid.
- Total redemption price per note will be $25.228472.
- Interest on the notes will cease to accrue on and after the redemption date.
Price Impact
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