Great Elm Capital Corp. has entered into an eighth supplemental indenture with Equiniti Trust Company, LLC, as trustee. This agreement, dated September 11, 2025, is an amendment to the original indenture from 2017, facilitating the issuance of $50 million in 7.75% notes due 2030, with a potential additional $7.5 million pending the underwriters' over-allotment option. The funds raised are intended for refinancing existing notes or loans, repaying borrowings under a Loan, Guarantee, and Security Agreement with City National Bank, or for general corporate purposes. The notes are unsecured obligations governed by specific covenants detailed in the Indenture, ensuring compliance with investment and financial reporting standards.
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: 0000950103-25-011541), on September 11, 2025, and is solely responsible for the information contained therein.
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