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Public Offering Announcement: Great Elm Capital Corp. has priced a public offering of $50 million in 7.75% notes due 2030, expecting to net approximately $48.1 million after expenses.
Use of Proceeds: The proceeds will primarily be used to redeem existing higher-interest notes and for general corporate purposes, including potential investments.
Listing and Trading: The notes are expected to be listed on The Nasdaq Global Market under the symbol "GECCG" and are anticipated to trade within 30 days of issuance.
Forward-Looking Statements: The announcement includes caution regarding forward-looking statements, highlighting risks and uncertainties that could affect actual results compared to projections.
