secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2022-01-19T23:59:59+00:00
Accession:  0001213900-22-002669
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022002669/0001213900-22-002669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022002669/ea154117-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-002669

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