Loan & DebtJul 20, 2026, 04:31 PM
Great Elm Capital to Redeem $6.5M of 8.50% Notes Due 2029
AI Summary
Great Elm Capital Corp. announced its decision to partially redeem $6,500,000 aggregate principal amount of its 8.50% Notes due 2029. The redemption will take place on August 19, 2026, at 100% of the principal amount plus accrued and unpaid interest. This action is an exercise of the company's option to reduce its outstanding debt.
Key Highlights
- Great Elm Capital Corp. will redeem $6,500,000 aggregate principal amount of its notes.
- The notes are 8.50% Notes due 2029 (NASDAQ: GECCI).
- The redemption date is set for August 19, 2026.
- Notes will be redeemed at 100% of their principal amount, or $25.00 per Note.
- Accrued and unpaid interest of $0.28924 per Note will also be paid.
Price Impact
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