secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2026-09-24T20:05:22+00:00
Accession:  0001213900-26-103054
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 issues additional $23.09M of 8.00% Notes due 2031
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- Issued $23,092,350 of 8.00% Notes due 2031 (NYSE: SAX) including overallotment, closed Sept 24, 2026.
- Total outstanding on that series now $120,842,350; notes mature Aug 31, 2031, redeemable at par on/after Aug 26, 2028.
- Net proceeds ~$22.52M; to repay Valley National Bank special purpose vehicle financing credit facility.
- Interest at 8.00% per year payable quarterly beginning Nov 30, 2026; notes rank pari passu with existing unsecured debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390026103054/0001213900-26-103054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390026103054/ea0306545-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-103054

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