Ladenburg Thalmann served as Lead Bookrunner for this offering.
Since 2017, Ladenburg has led 60 fixed income transactions for BDC/Investment Companies raising over $2.7 Billion. Overall, Ladenburg has participated in 117 fixed income offerings for BDC/Investment Companies raising over $10.4 Billion.
Transaction Information
April 2024 - Great Elm Capital Corp. (Nasdaq:GECC, GECCM, GECCO, GECCZ) priced an underwritten public offering of $30,000,000 aggregate principal amount of its 8.50% notes due 2029, which will result in net proceeds to the Company of approximately $28.6 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.
The notes are rated 'BBB' by Egan-Jones Ratings Company, an independent rating agency. The Notes are expected to be listed on The Nasdaq Global Market under the trading symbol "GECCI," and to trade thereon within 30 days from the original issue date.
Ladenburg Thalmann acted as Lead Bookrunner for the transaction, representing the 2nd notes offering Ladenburg has acted as Lead Bookrunner for Great Elm Capital Corp.
About Great Elm Capital Corp.
GECC is an externally managed business development company that seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses.
The information and material presented is provided for informational purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or buy any securities mentioned herein.