debt
confidence high
sentiment neutral
materiality 0.60
Saratoga Investment Corp. issues $40M of 8.00% notes due 2027
SARATOGA INVESTMENT CORP.
- Issued $40M aggregate principal of 8.00% Notes due 2027 via underwritten offering.
- Underwriters may purchase up to $6M additional Notes within 30 days.
- Closing expected Oct 27, 2022; notes to list on NYSE under symbol SAJ.
- Underwriting agreement with Ladenburg Thalmann includes customary representations and indemnification.