{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-008245","form_type":"8-K","ticker":"SAR","cik":"0001377936","company_name":"SARATOGA INVESTMENT CORP.","filed_at":"2026-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.947827+00:00","generated_at":"2026-05-16T07:29:35.928596+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Saratoga Investment Corp. issues $50M 7.25% Senior Notes due 2030; proceeds to redeem 4.375% Notes due 2026","bullets":["Issued $50M aggregate principal of 7.25% Senior Unsecured Notes due May 1, 2030 in private placement.","Net proceeds approximately $48.5M after placement agent fee and expenses of ~$1.5M.","Intends to use net proceeds to redeem outstanding 4.375% Notes due 2026 and for general corporate purposes.","Notes are redeemable at Company's option at any time before Jan 23, 2028 at make-whole premium, thereafter at par.","Company entered into Registration Rights Agreement obligating it to file exchange offer registration statement within 365 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-008245","json":"https://secwatch.observer/filing/0001213900-26-008245.json","markdown":"https://secwatch.observer/filing/0001213900-26-008245.md","text":"https://secwatch.observer/filing/0001213900-26-008245.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1377936/000121390026008245/0001213900-26-008245-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1377936/000121390026008245/ea0274235-8k_saratoga.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:29:35.928596+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":"709d2bb195bf1edc75e843082a2da9e07575de8f","claim":"SARATOGA INVESTMENT CORP. incurred senior notes at 7.25% maturing May 1, 2030.","evidence_excerpt":"In connection with the issuance and sale of the 7.25% Senior Unsecured Notes due May 1, 2030 (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/1377936/000121390026008245/0001213900-26-008245-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Rate","value":"7.25%"},{"label":"Maturity","value":"May 1, 2030"},{"label":"Event","value":"incurrence"}]},{"claim_id":"e8cb8121ae31ef8097ea0c06c69ea60133a2c6c7","claim":"SARATOGA INVESTMENT CORP. entered into Registration Rights Agreement with the institutional purchaser in the Offering (effective 2026-01-23).","evidence_excerpt":"the Company entered into a Registration Rights Agreement, dated as of January 23, 2026 (the “Registration Rights Agreement”), with the institutional purchaser in the Offering (the “Purchaser”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377936/000121390026008245/0001213900-26-008245-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"the institutional purchaser in the Offering"},{"label":"Effective","value":"2026-01-23"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}