Welcome to our dedicated page for Saratoga Invt news (Ticker: SAR), a resource for investors and traders seeking the latest updates and insights on Saratoga Invt stock.
Saratoga Investment Corp (SAR) is a leading business development company specializing in customized financing solutions for U.S. middle market businesses. This page serves as the definitive source for all official company announcements, financial updates, and strategic developments.
Investors and analysts will find timely information on SAR's debt financing activities, portfolio performance, and market positioning. Our curated collection includes earnings reports, SEC filings, merger/acquisition announcements, and strategic partnership updates – all essential for tracking the company's performance in middle market lending.
Key coverage areas include quarterly earnings results, new credit facility deployments, SBIC-licensed subsidiary updates, and collateralized loan obligation (CLO) fund developments. Each update is verified for accuracy and presented in clear, accessible language suitable for both professional investors and market observers.
Bookmark this page for direct access to SAR's latest financial communications and market disclosures. Check regularly for new information about the company's innovative financing structures and middle market investment strategies.
Saratoga Investment Corp. (NYSE:SAR) will release its financial results for the fiscal year ending February 28, 2023, on May 2, 2023, after market close. A conference call to discuss these results is scheduled for May 3, 2023, at 12:00 p.m. ET. Interested participants can join the call via a live webcast accessible on the company’s investor relations website. Saratoga Investment focuses on providing customized financing solutions to U.S. middle-market businesses, primarily through senior loans, mezzanine debt, and equity investments. The company aims to generate attractive risk-adjusted returns, leveraging its diverse funding sources and permanent capital base for strategic investments.
Saratoga Investment Corp. (NYSE: SAR) announced a $50 million underwritten public offering of 8.50% unsecured notes due 2028, maturing on April 15, 2028. The offering, priced to close on April 14, 2023, includes an option for underwriters to purchase an additional $7.5 million in notes. The interest will be payable quarterly starting May 31, 2023. The company received a private investment-grade rating of "BBB+" from Egan-Jones Ratings. Proceeds will be used to pay down debt, invest in middle-market companies, and for general corporate purposes. Investors are advised to review the preliminary prospectus and accompanying documents filed with the SEC for important information regarding risks and investment objectives.
Saratoga Investment Corp. (NYSE: SAR) announced the launch of a public offering for unsecured notes rated “BBB+” by Egan-Jones Ratings Company. The notes are anticipated to be listed on the New York Stock Exchange under the symbol “SAZ” within 30 days. The company's diverse funding activities include managing a $650 million collateralized loan obligation fund and operating three SBIC-licensed subsidiaries. Saratoga aims to provide customized financing solutions for U.S. middle-market businesses, focusing on senior and unitranche loans, mezzanine debt, and equity investments. The press release includes forward-looking statements regarding the offering and highlights potential risks affecting future performance, such as economic downturns and interest rate fluctuations.
FAQ
What is the current stock price of Saratoga Invt (SAR)?
What is the market cap of Saratoga Invt (SAR)?
