GECC

#4010
Great Elm Capital Corp. - Closed End Fund
6.2 2 USD
+0.01%
Market Price
Settore: Finanziario
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
6.12
6.25
Intervallo Annuale
4.63
6.82
Variazione giornaliera
+1.47%
Variazione Mensile
+21.72%
Variazione di 6 mesi
0.00%
Variazione Annuale
-7.72%
Chiusura Precedente
6.1 3
Open
6.1 8
Minimo
6.1 2
Massimo
6.2 5
Volume
47
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Dividendi Documents

2026

Current report, Q3 FY2026
Great Elm Capital Corp. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
Great Elm Capital Corp. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
Great Elm Capital Corp. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
Great Elm Capital Corp. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Great Elm Capital Corp. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Great Elm Capital Corp. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Great Elm Capital Corp. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Great Elm Capital Corp. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Great Elm Capital Corp. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Great Elm Capital Corp. current report, Q1 FY2026
8-K

Great Elm Capital Corp. current report, Q3 FY2024

Full document

Business Context and Reporting Period

This Form 8-K Current Report was filed by Great Elm Capital Corp. on September 12, 2024. The filing addresses a specific corporate action regarding the company's debt structure rather than a standard quarterly or annual financial reporting period.

Key Financial Metrics and Debt Structure

The filing details the redemption of the company's 6.75% Notes due 2025 (CUSIP: 390320 406; Symbol: GECCM). The redemption price is set at 100% of the principal amount plus accrued and unpaid interest from September 30, 2024, through the redemption date. The filing does not provide specific values for revenue, profit, cash flow, margins, or total liquidity, as this is an event-driven report.

Material Changes and Corporate Actions

  • Conditional Redemption: The Company has issued notices to redeem all outstanding 6.75% Notes due 2025 in whole.
  • Redemption Date: Scheduled for October 12, 2024.
  • Condition Precedent: The redemption is contingent upon the successful closing of a public offering of 8.125% Notes due 2029 (the "2029 Notes Offering").
  • Contingency: If the 2029 Notes Offering is not completed by the Redemption Date (or a delayed date at the Company's discretion), the redemption may not occur, and the notices may be rescinded.

Guidance, Outlook, and Risks

Management's primary focus in this filing is the execution of a refinancing strategy. The key risk identified is the failure to close the 2029 Notes Offering, which would prevent the redemption of the 2025 Notes. The filing does not contain forward-looking guidance on earnings, revenue, or broader market outlooks beyond this specific debt transaction.

Investor Verification Checklist

  • Verify the status and closing date of the 8.125% Notes due 2029 offering to confirm if the redemption condition is met.
  • Confirm the final redemption date, noting it may be delayed beyond October 12, 2024, if the new offering is not yet closed.
  • Review the terms of the new 2029 Notes Offering to understand the change in interest rate (from 6.75% to 8.125%) and maturity profile.
  • Check for any subsequent filings if the 2029 Notes Offering is delayed or rescinded, which would impact the redemption of the 2025 Notes.

Notizie