Great Elm Capital Corp. 6.75% Notes Due 2025

Great Elm Capital Corp. 6.75% Notes Due 2025

GECCM
Great Elm Capital Corp. 6.75% Notes Due 2025US flagNASDAQ Global Market
25.03
USD
-0.02
- -
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
None
Sector
Financial Services
Industry
Asset Management
Address
Waltham MD United States of America
IPO Date
Jan 26, 2018
Business
Great Elm Capital Corp. Great Elm Capital Corp. (NASDAQ:GECC) is an externally managed, non-diversified, closed-end business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities of middle-market companies, with an emphasis on specialty finance businesses including factoring, early-stage business lending, asset-backed lending, small and medium business financing, asset-based lending, and healthcare-focused secured lending; its portfolio also encompasses loans, bonds, preferred equities, direct investments, club deals, and public market securities, primarily in sectors such as media, commercial services and supplies, healthcare, telecommunication services, and communications equipment. The company, founded in 2016 and headquartered in Palm Beach Gardens, Florida, operates principally in the United States and targets companies with revenues between $3 million and $75 million, typically committing equity investments of $3 million to $10 million alongside mezzanine and loan facilities. Great Elm Capital Corp. is managed by an affiliate of Great Elm Group, Inc. Great Elm Group, Inc., which oversees related specialty finance platforms and provides sourcing advantages through strategic partnerships such as the November 2022 healthcare secured lending venture with Berkadia; recent developments include the September 2024 conditional redemption in whole of its 6.75% Notes due 2025 (NASDAQ:GECCM), the November 2025 announcement of third quarter 2025 financial results with a maintained $0.37 per share distribution and a new $10 million share repurchase authorization to strengthen its balance sheet, and alignment with Great Elm Group's July 2025 transformational partnership with Kennedy Lewis Investment Management providing up to $150 million in leverageable capital for real estate expansion alongside August 2025 investments from Woodstead Value Fund and Booker Smith adding growth capital and board expertise.

Company News

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