secwatch.observer — SEC 8-K summary
======================================

Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2026-04-14T23:59:59+00:00
Accession:  0001213900-26-043547
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud

Saratoga Investment Corp. Issues $25M of 7.25% Notes Due 2029
-------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390026043547/0001213900-26-043547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390026043547/ea0286311-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-043547

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer