Holders of GECCO notes should surrender them by May 27, 2026 to receive the redemption price. For GECC equity, the redemption is a minor positive as it reduces debt, but the impact is limited given the undisclosed size. Monitor future filings for potential refinancing or capital allocation updates.
Price Chart
Executive Summary
Great Elm Capital Corp. is redeeming all of its outstanding 5.875% Notes due 2026 (GECCO) on May 27, 2026 at 100% of principal ($25 per note) plus accrued interest. This is a routine debt retirement at the company's option, reducing leverage and future interest expense.
Key Facts
- Redemption of all 5.875% Notes due 2026 (CUSIP 390320604) on May 27, 2026
- Redemption price: 100% of principal ($25 per note) plus accrued interest of $0.228472 per note
- Interest ceases to accrue on and after the Redemption Date
Financial Impact
Total principal amount of notes not disclosed; redemption at par with no premium
Risk Factors
- Risk of default on redemption payment is minimal; company has exercised its option to redeem
- No material risk to equity holders from this transaction
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000950103-26-006233 |
| Document: dp245722_ex9901.htm | 0000950103-26-006233 |
| Document: 0000950103-26-006233-index-headers.html | 0000950103-26-006233 |
| Document: 0000950103-26-006233-index.html | 0000950103-26-006233 |
| Document: 0000950103-26-006233.txt | 0000950103-26-006233 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 8, 2026 20w ago | 8-K | $25.21 | awaiting T+20 | — | — |
May 27, 2026 21w ago | 25-NSE | $25.25 | awaiting T+20 | — | — |
Apr 27, 2026 26w ago | 8-K | $25.40 $25.25 | ▼ −0.59% | ▼ −6.06% | — |
US Market Status
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