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Great Elm Capital Issues $50M in 7.75% Notes

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Great Elm Capital Issues $50M in 7.75% Notes

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Great Elm Capital ( (GECC) ) just unveiled an update.

On September 11, 2025, Great Elm Capital Corp. entered into an eighth supplemental indenture with Equiniti Trust Company for the issuance of $50 million in 7.75% notes due 2030, with an additional $7.5 million available through an over-allotment option. The company plans to use the net proceeds of approximately $48.1 million to redeem its outstanding 8.75% notes due 2028 and potentially repurchase or redeem other notes, repay borrowings, or for general corporate purposes.

The most recent analyst rating on (GECC) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Great Elm Capital stock, see the GECC Stock Forecast page.

Spark’s Take on GECC Stock

According to Spark, TipRanks’ AI Analyst, GECC is a Neutral.

Great Elm Capital Corporation’s overall stock score reflects a blend of both strengths and challenges. Strong operational efficiency and a high dividend yield are counterbalanced by financial instability and liquidity concerns. Technical indicators and a positive earnings call sentiment offer some optimism, but the high P/E ratio and cash flow issues weigh on the score.

To see Spark’s full report on GECC stock, click here.

More about Great Elm Capital

Average Trading Volume: 38,097

Technical Sentiment Signal: Buy

Current Market Cap: $129M

See more insights into GECC stock on TipRanks’ Stock Analysis page.

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