Saratoga Investment prices additional USD 20.08 million offering of 8% unsecured notes due 2031

Bitget2026/09/23 20:06

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Saratoga Investment priced an underwritten public offering of USD 20.08 million 8.00% unsecured notes due 2031.
Deal adds to the existing 8.00% unsecured notes due 2031 series, lifting outstanding principal to USD 117.83 million.
Underwriters hold an option to buy up to an additional USD 3 million of the notes.
Net proceeds earmarked to repay part of debt under an SPV financing credit facility with Valley National Bank.
Offering expected to close Sept. 24.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Saratoga Investment Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609231605PRIMZONEFULLFEED9832691) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Saratoga Investment prices additional USD 20.08 million offering of 8% unsecured notes due 2031

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