secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2022-09-12T23:59:59+00:00
Accession:  0001213900-22-055314
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022055314/0001213900-22-055314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022055314/ea165651-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-055314

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