{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-108523","form_type":"8-K","ticker":"SAR","cik":"0001377936","company_name":"SARATOGA INVESTMENT CORP.","filed_at":"2026-10-09T20:34:18+00:00","discovered_at":"2026-10-09T20:35:00.215463+00:00","generated_at":"2026-10-12T15:05:14.778842+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Saratoga unit expands Valley National credit facility to $110M from $85M; accordion raised to $135M","bullets":["First Amendment to Credit and Security Agreement dated October 8, 2026 lifts borrowings at Saratoga Investment Funding II LLC from $85.0M to $110.0M under the Valley Credit Facility.","Accordion expanded: SIF II may request commitment increases up to $135.0M (from $100.0M) in the first two years after closing, subject to conditions and a customary fee.","Advance Rate on Unitranche Loans capped at 70%; healthcare concentration limit raised to 35% from 25% of Aggregate ECA Value; top-three obligor limit to 35% from 30%.","\"Key Person\" definition amended to replace Henri Steenkamp with Christine Ramdihal; Valley National Bank is administrative agent, U.S. Bank Trust collateral agent, Bank OZK documentation agent.","Company reps that no Default, Event of Default or Ratings Deficiency exists; original credit agreement dated November 6, 2025; existing security interests remain in force."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-108523","json":"https://secwatch.observer/filing/0001213900-26-108523.json","markdown":"https://secwatch.observer/filing/0001213900-26-108523.md","text":"https://secwatch.observer/filing/0001213900-26-108523.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1377936/000121390026108523/0001213900-26-108523-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1377936/000121390026108523/ea0308242-8k_saratoga.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:05:14.778842+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}