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Full Circle Capital updates on portfolio activity

Jul. 15, 2015 9:25 AM ETGreat Elm Capital Corporation (GECC)By: Stephen Alpher, SA News Editor
  • For FQ4 (ended June 30), Full Circle (FULL) completed investments of about $25.8M in six new portfolio companies.
  • Subsequent to quarter's end, a senior secured facility and revolver with Butler Bergen Group was fully repaid at par plus accrued interest and fees for total proceeds of $8.6M.
  • Management "remains confident" in the current distribution policy, particularly in light of the fee waiver by the company's advisors'.
  • Source: Press Release

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