Great Elm Capital Corp. Sets Price for $50 Million Public Offering of 7.75% Notes Maturing in 2030
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 04 2025
0mins
Should l Buy ?
Source: Globenewswire
Public Offering Announcement: Great Elm Capital Corp. has priced a public offering of $50 million in 7.75% notes due 2030, expecting to net approximately $48.1 million after expenses.
Use of Proceeds: The proceeds will primarily be used to redeem existing higher-interest notes and for general corporate purposes, including potential investments.
Listing and Trading: The notes are expected to be listed on The Nasdaq Global Market under the symbol "GECCG" and are anticipated to trade within 30 days of issuance.
Forward-Looking Statements: The announcement includes caution regarding forward-looking statements, highlighting risks and uncertainties that could affect actual results compared to projections.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
