Great Elm Capital to redeem 6.5% notes due 2024 on Sept. 7

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – Great Elm Capital Corp. will redeem all $42.8 million of its outstanding 6.5% notes due June 30, 2024 (Cusip: 390320505) on Sept. 7, according to an N23C2 filing with the Securities and Exchange Commission.

The notes will be redeemed with proceeds of an offering of new unsecured 8.75% notes due 2028.

Great Elm is a Waltham, Mass.-based middle market investment company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.