Great Elm Capital Corp. Files 8-K on Material Agreements

TL;DR

GECC filed an 8-K detailing material agreements and financial statements, including various notes due in 2025, 2026, 2028, and 2029.

AI Summary

Great Elm Capital Corp. filed an 8-K on April 24, 2024, reporting on the entry into a material definitive agreement and financial statements. The filing pertains to various debt instruments including 6.75% Notes due 2025, 5.875% Notes due 2026, 8.75% Notes due 2028, and 8.50% Notes due 2029.

Why It Matters

This filing provides crucial updates on Great Elm Capital Corp.'s debt structure and material agreements, impacting investors' understanding of the company's financial obligations and strategic positioning.

Risk Assessment

Risk Level: medium — The filing concerns material definitive agreements and financial statements, which can indicate significant changes in a company's financial health and operational status.

Key Players & Entities

• Great Elm Capital Corp. (company) — Registrant
• April 23, 2024 (date) — Earliest event reported
• April 24, 2024 (date) — Date of report
• 6.75% Notes due 2025 (debt_instrument) — Debt obligation
• 5.875% Notes due 2026 (debt_instrument) — Debt obligation
• 8.75% Notes due 2028 (debt_instrument) — Debt obligation
• 8.50% Notes due 2029 (debt_instrument) — Debt obligation

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common stock, $0.01 par value GECC Nasdaq Global Market

Filing Documents

• gecc-html7781_8k.htm (8-K) — 36KB
• gecc-html7781_ex99101.htm (EX-99.101) — 283KB
• 0001133228-24-004289.txt ( ) — 610KB
• gecc-20240423.xsd (EX-101.SCH) — 4KB
• gecc-20240423_def.xml (EX-101.DEF) — 27KB
• gecc-20240423_lab.xml (EX-101.LAB) — 37KB
• gecc-20240423_pre.xml (EX-101.PRE) — 26KB
• gecc-html7781_8k_htm.xml (XML) — 8KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On April 23, 2024, Great Elm Capital Corp. (the "Company"), Green SPE, LLC ("Green") and CLO Formation JV, LLC (the "JV") entered into an Amended and Restated Limited Liability Company Agreement (the "LLC Agreement") of the JV, pursuant to which the Company owns 75% of the membership interests in the JV and Green owns 25% of the membership interests in the JV. The JV was formed to make investments in collateralized loan obligation entities and related warehouse facilities. The foregoing description of the terms of the LLC Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the LLC Agreement. The LLC Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1*# Amended and Restated Limited Liability Company Agreement of CLO Formation JV, LLC dated as of April 23, 2024 104 The cover page of this Current Report on Form 8-K, formatted as inline XBRL. * Certain portions of this exhibit were redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. # Certain schedules and exhibits to this agreement have been omitted in accordance with Item 601(a)(5) of Regulation S-K.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GREAT ELM CAPITAL CORP. Date: April 24, 2024 By: /s/ Keri A. Davis Name: Keri A. Davis Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR