Great Elm Capital Corp. announced that the underwriters of its recent debt offering have exercised their over-allotment option in full, resulting in the sale of an additional $7.5 million aggregate principal amount of 7.75% notes due 2030. The closing of this additional issuance took place on October 2, 2025, generating net proceeds to the company of approximately $7.3 million. This follows the initial offering of $50 million aggregate principal amount of the same 7.75% notes, which closed on September 11, 2025. The notes bear an interest rate of 7.75% and mature in 2030. No URL for the full prospectus is included in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Great Elm Capital Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-25-012773), on October 02, 2025, and is solely responsible for the information contained therein.