debt
confidence high
sentiment neutral
materiality 0.50
Saratoga Investment Corp. to redeem all $43.1M of 7.25% Notes due 2025 on July 14, 2022
SARATOGA INVESTMENT CORP.
- Redeeming $43,125,000 aggregate principal of 7.25% Notes due 2025 at par ($25/note) plus accrued interest.
- Redemption date is July 14, 2022; accrued interest payable is approx. $373,451.52 ($0.22 per note).
- Interest will cease to accrue on the Notes after the Redemption Date.
- Holders must surrender Notes to U.S. Bank Trust Company as paying agent to receive payment.