Saratoga Investment Corp. Prices Public Offering of $50.0 Million 8.50% Notes Due 2028
Yahoo! Finance
NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $50.0 million in aggregate principal amount of 8.50% unsecured notes due 2028 (the “Notes”). The Notes will mature on April 15, 2028, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after April 14, 2025. The Notes will bear interest at a rate of 8.50% per year payable quarter
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