secwatch / observer
8-K filed December 13, 2022, 6:59 PM ET ticker SAR CIK 0001377936
debt confidence high sentiment neutral materiality 0.60

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 aggregate principal amount with U.S. Bank Trust Company, National Association at 8.125% per year maturing December 31, 2027.

Instrument
senior notes
Principal
$52,500,000 aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
8.125% per year
Maturity
December 31, 2027
Event
incurrence
Exact text from the filing
the Thirteenth Supplemental Indenture relates to the Company’s issuance and sale of $52,500,000 aggregate principal amount of the Company’s 8.125% Notes due 2027
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SARATOGA INVESTMENT CORP. entered into Thirteenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $52,500,000 (effective 2022-12-13).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$52,500,000
Effective
2022-12-13
Exact text from the filing
On December 13, 2022, Saratoga Investment Corp. (the “Company”) and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association) (the “Trustee”), entered into a Thirteenth Supplemental Indenture (the “Thirteenth Supplemental Indenture”) to the indenture, dated May 10, 2013, between the Company and the Trustee (the “Base Indenture”; and together with the Thirteenth Supplemental Indenture, the “Indenture”).
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SARATOGA INVESTMENT CORP. filing history →

Source: SEC EDGAR
accession 0001213900-22-079500
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