Great Elm Capital announces offering of unsecured notes

Great Elm Capital Corp. announced the commencement of an underwritten public offering of unsecured notes due 2028. The company expects to use the net proceeds from the offering, along with cash on hand, to redeem all of its outstanding 6.50% notes due 2024 and to pay related fees and expenses and for general corporate purposes. Ladenburg Thalmann & Co., Janney Montgomery Scott and Oppenheimer & Co. are acting as joint book-running managers for the offering.