8-K
filed April 14, 2026, 7:59 PM ET
ticker SAR
CIK 0001377936
debt
confidence high
sentiment neutral
materiality 0.70
SARATOGA INVESTMENT CORP. (SAR): debt financing — Saratoga Investment Corp. Issues $25M of 7.25% Notes Due 2029
SARATOGA INVESTMENT CORP.
- Issued $25 million of 7.25% Notes due 2029 to an institutional investor in a private placement.
- Net proceeds of approximately $24.275 million after deducting $225,000 in offering expenses.
- Notes mature April 10, 2029, with an optional one-year extension to October 10, 2029 at company’s discretion.
- Company may issue up to $50 million of additional notes in one or more private offerings by July 10, 2026.
- Notes are unsecured, rank pari passu with existing unsubordinated debt, and are subject to 1940 Act covenants.
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 $25,000,000 at 7.25% per year maturing April 10, 2029.
- Instrument
- senior notes
- Principal
- $25,000,000
- Rate
- 7.25% per year
- Maturity
- April 10, 2029
- Event
- incurrence
Exact text from the filing
On April 10, 2026, Saratoga Investment Corp. (the “Company”) entered into a notes purchase agreement (the “Notes Purchase Agreement”) governing the issuance of its 7.25% Notes due 2029 (the “Notes” and the issuance and sale of the Notes, the “Offering”) in the aggregate principal amount of $25,000,000
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SARATOGA INVESTMENT CORP. entered into Seventeenth Supplemental Indenture with U.S. Bank Trust Company, National Association (effective 2026-04-10).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Effective
- 2026-04-10
Exact text from the filing
on April 10, 2026 , the Company and U.S. Bank Trust Company, National Association, as trustee (as successor in interest to U.S. Bank National Association) (the “Trustee”) , entered into a Seventeenth Supplemental Indenture (the “Seventeenth Supplemental Indenture”) to the Base Indenture, dated May 10, 2013, by and between the Company and the Trustee (the “Base Indenture”; and together with the Seventeenth Supplemental Indenture, the “Indenture”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SARATOGA INVESTMENT CORP. entered into Notes Purchase Agreement with an institutional investor valued at $25,000,000 (effective 2026-04-10).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- an institutional investor
- Value
- $25,000,000
- Effective
- 2026-04-10
Exact text from the filing
On April 10, 2026, Saratoga Investment Corp. (the “Company”) entered into a notes purchase agreement (the “Notes Purchase Agreement”) governing the issuance of its 7.25% Notes due 2029 (the “Notes” and the issuance and sale of the Notes, the “Offering”) in the aggregate principal amount of $25,000,000 to an institutional investor (the “Purchaser”)
View on SEC.gov
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