Saratoga Investment receives third SBIC license from SBA for up to $175M in debentures

SARATOGA INVESTMENT CORP.

Third SBIC license approved by SBA, providing up to $175 million in additional long-term capital via SBA-guaranteed debentures.
Combined SBIC leverage capacity capped at $350 million outstanding with at least $175 million in combined regulatory capital.
CEO Christian L. Oberbeck comments on expanding SBA relationship and deploying capital to small businesses.
The new license enables Saratoga to access cost-effective financing for its BDC capital structure.

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