0000950103-26-006233
SEC filingGreat Elm Capital Corp. will redeem all outstanding 5.875% Notes due 2026 on May 27, 2026 at par plus accrued interest.
Great Elm Capital Corp. announced the full redemption of its 5.875% Notes due 2026 (CUSIP 390320 604, NASDAQ: GECCO) on May 27, 2026. The redemption price is 100% of the principal amount ($25 per Note) plus accrued and unpaid interest of $0.228472 per Note through but excluding the redemption date. This action eliminates the company's outstanding debt under this note, reducing leverage and interest expense going forward. Holders must surrender their Notes to the Trustee (Equiniti Trust Company) to receive payment. The company may be refinancing or using available cash to retire this debt, which could improve its balance sheet flexibility. Investors should note the cessation of interest accrual after the redemption date and potential tax implications, including backup withholding if required forms are not provided.