{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-077962","form_type":"8-K","ticker":"SAR","cik":"0001377936","company_name":"SARATOGA INVESTMENT CORP.","filed_at":"2022-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.373719+00:00","generated_at":"2026-06-21T08:44:45.098248+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Saratoga Investment Corp. issues $52.5M of 8.125% Notes due 2027","bullets":["Underwriting agreement signed Dec 5, 2022 for $52.5M aggregate principal amount of 8.125% Notes due 2027.","Closing expected Dec 13, 2022; underwriters have option for additional $7.875M within 30 days.","Notes to be listed on NYSE under symbol 'SAY' within 30 days of issue.","Offering made under shelf registration statement; Ladenburg Thalmann is representative underwriter."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-077962","json":"https://secwatch.observer/filing/0001213900-22-077962.json","markdown":"https://secwatch.observer/filing/0001213900-22-077962.md","text":"https://secwatch.observer/filing/0001213900-22-077962.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1377936/000121390022077962/0001213900-22-077962-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1377936/000121390022077962/ea169723-8k_saratoga.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T08:44:45.098248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c88faede9a54c5875d958f7da84be8c81bc974ec","claim":"SARATOGA INVESTMENT CORP. incurred senior notes of $52,500,000 with Ladenburg Thalmann & Co. Inc. and other underwriters at 8.125% maturing 2027.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377936/000121390022077962/0001213900-22-077962-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$52,500,000"},{"label":"Counterparty","value":"Ladenburg Thalmann & Co. Inc. and other underwriters"},{"label":"Rate","value":"8.125%"},{"label":"Maturity","value":"2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"af8aa14b47230ef927f2ac1e896597075e3fca1a","claim":"SARATOGA INVESTMENT CORP. entered into Underwriting Agreement with Ladenburg Thalmann & Co. Inc. valued at $52,500,000 (effective 2022-12-05).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377936/000121390022077962/0001213900-22-077962-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Ladenburg Thalmann & Co. Inc."},{"label":"Value","value":"$52,500,000"},{"label":"Effective","value":"2022-12-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}