---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-055314"
form_type: "8-K"
ticker: "SAR"
cik: "0001377936"
company_name: "SARATOGA INVESTMENT CORP."
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T10:52:25.712010+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Saratoga Investment issues $12M of 7.00% Notes due 2025 in private placement

## Summary
- Issued $12.0M in 7.00% Notes due Sept 8, 2025; net proceeds ~$11.56M after fees.
- Notes are direct unsecured obligations, ranking pari passu with existing unsecured debt.
- Purchaser may buy up to an additional $8.0M of Notes by Sept 30, 2022.
- Proceeds to be used for middle-market investments and general corporate purposes.
- Total outstanding unsecured notes under purchase agreements now $27.0M.

## SEC filing metadata
- accession: 0001213900-22-055314
- form_type: 8-K
- ticker: SAR
- cik: 0001377936
- company_name: SARATOGA INVESTMENT CORP.
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377936/000121390022055314/0001213900-22-055314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377936/000121390022055314/ea165651-8k_saratoga.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-055314
- JSON: https://secwatch.observer/filing/0001213900-22-055314.json
- Plain text: https://secwatch.observer/filing/0001213900-22-055314.txt

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