 WALTHAM, Mass., June 23, 2021 GLOBE NEWSWIRE -- Great Elm Capital Corp. the Company or GECC NASDAQ: GECC announced today that it has caused notices to be issued to the holders of its 6.50 Notes due 2022 CUSIP No. 390320 307; NASDAQ: GECCL the Notes regarding the Companys exercise of its option to redeem, in whole, the issued and outstanding Notes, pursuant to Section 1104 of the Indenture, dated as of September 18, 2017, by and between the Company and American Stock Transfer Trust Company, LLC, as trustee the Trustee, and Section 1.01h of the First Supplemental Indenture, dated as of September 18, 2017, by and between the Company and the Trustee. The Company will redeem all of the issued and outstanding Notes on July 23, 2021 the Redemption Date. The Notes will be redeemed at 100 of their principal amount, plus accrued and unpaid interest thereon from April 30, 2021, through, but excluding, the Redemption Date. Questions relating to the notice of redemption should be directed to American Stock Transfer Trust Company, LLC via telephone at 1 800 9375449. 