secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001213900-22-079500
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment Corp. issues $52.5M of 8.125% Notes due 2027
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- Principal amount $52.5M; interest rate 8.125% per year; maturity Dec 31, 2027.
- Net proceeds ~$50.76M after underwriting discounts ($1.64M) and expenses ($100K).
- Interest payable quarterly starting Feb 28, 2023; redeemable at par on/after Dec 13, 2024.
- Proceeds to fund middle-market investments and for general corporate purposes.
- Notes are unsecured, rank pari passu with existing unsubordinated unsecured debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022079500/0001213900-22-079500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390022079500/ea169874-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-079500

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