secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001213900-24-053343
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment increases SPV credit facility from $50M to $75M
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- Borrowing capacity under Live Oak Credit Facility raised from $50M to $75M.
- Amendment adds new lenders and changes approval thresholds to Required Lender or 100% lender.
- Required Lender definition now requires at least two unaffiliated lenders.
- Facility is a special purpose vehicle financing for subsidiary Saratoga Investment Funding III LLC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390024053343/0001213900-24-053343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390024053343/ea0207948-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-053343

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