secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2022-07-06T23:59:59+00:00
Accession:  0001213900-22-037607
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment posts Q1 FY2023 loss of $0.12 EPS; adjusted NII $0.53
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- Net loss $1.5M ($0.12 EPS) vs net income $21.0M ($1.88 EPS) a year ago; NII $8.0M ($0.66/share).
- Adjusted NII per share $0.53, unchanged from prior qtr; dividend maintained at $0.53/share.
- NAV per share $28.69, down 2.2% from $29.33 last qtr; AUM $894.5M, up 9.4% sequentially.
- Issued $97.5M of 6.00% baby bonds due 2027; redeemed $43.1M SAK 7.25% notes on July 14.
- Portfolio 80% first lien, 98.5% floating rate; 95% of credits at highest rating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022037607/0001213900-22-037607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022037607/ea162505-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-037607

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