secwatch / observer
8-K filed December 6, 2022, 6:59 PM ET ticker SAR CIK 0001377936
debt confidence high sentiment neutral materiality 0.40

SARATOGA INVESTMENT CORP. (SAR): debt financing — Saratoga Investment Corp. issues $52.5M of 8.125% Notes due 2027

SARATOGA INVESTMENT CORP.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SARATOGA INVESTMENT CORP. incurred senior notes of $52,500,000 with Ladenburg Thalmann & Co. Inc. and other underwriters at 8.125% maturing 2027.

Instrument
senior notes
Principal
$52,500,000
Counterparty
Ladenburg Thalmann & Co. Inc. and other underwriters
Rate
8.125%
Maturity
2027
Event
incurrence
Exact text from the filing
On December 5, 2022, Saratoga Investment Corp. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Saratoga Investment Advisors, LLC (the “Adviser”) and Ladenburg Thalmann & Co. Inc., as representative of the several underwriters named in Schedule I thereto, in connection with the issuance and sale of $52,500,000 aggregate principal amount of the Company’s 8.125% Notes due 2027 (the “Notes” and the issuance and sale of the Notes, the “Offering”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SARATOGA INVESTMENT CORP. entered into Underwriting Agreement with Ladenburg Thalmann & Co. Inc. valued at $52,500,000 (effective 2022-12-05).

Action
entry
Agreement
underwriting
Counterparty
Ladenburg Thalmann & Co. Inc.
Value
$52,500,000
Effective
2022-12-05
Exact text from the filing
On December 5, 2022, Saratoga Investment Corp. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Saratoga Investment Advisors, LLC (the “Adviser”) and Ladenburg Thalmann & Co. Inc., as representative of the several underwriters named in Schedule I thereto, in connection with the issuance and sale of $52,500,000 aggregate principal amount of the Company’s 8.125% Notes due 2027
View on SEC.gov

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SARATOGA INVESTMENT CORP. filing history →

Source: SEC EDGAR
accession 0001213900-22-077962
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