---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-002669"
form_type: "8-K"
ticker: "SAR"
cik: "0001377936"
company_name: "SARATOGA INVESTMENT CORP."
filed_at: "2022-01-19T23:59:59+00:00"
generated_at: "2026-06-27T17:08:41.207882+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Saratoga Investment Corp. issues $75M of 4.35% Notes due 2027, net proceeds ~$72.7M

## Summary
- Issued $75M aggregate principal amount of 4.35% Notes due 2027, maturing Feb 28, 2027.
- Net proceeds of ~$72.7M after underwriting discount of $1.5M and estimated offering expenses of ~$250K.
- Interest payable semi-annually on Feb 28 and Aug 28, beginning Aug 28, 2022.
- Use of proceeds: investments in middle-market companies and general corporate purposes.
- Notes are unsecured obligations ranking pari passu with existing unsecured debt; redeemable at option with make-whole premium.

## SEC filing metadata
- accession: 0001213900-22-002669
- form_type: 8-K
- ticker: SAR
- cik: 0001377936
- company_name: SARATOGA INVESTMENT CORP.
- filed_at: 2022-01-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377936/000121390022002669/0001213900-22-002669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377936/000121390022002669/ea154117-8k_saratoga.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-002669
- JSON: https://secwatch.observer/filing/0001213900-22-002669.json
- Plain text: https://secwatch.observer/filing/0001213900-22-002669.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.