Great Elm Capital Corp. completes $50 million Notes offering

Client(s) Great Elm Capital Corp.

Jones Day represented Great Elm Capital Corp. (“GECC”) in connection with its underwritten public offering of $50 million aggregate principal amount of 5.875% Notes due 2026. GECC is an externally managed, specialty finance 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. GECC intends to use the net proceeds from the offering to redeem all of its outstanding 6.50% notes due 2022 and for general corporate purposes, which may include repayment of other indebtedness.