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Saratoga Investment launches offering of additional 8% notes due 2031 - SAR News | Rallies

Saratoga Investment launches offering of additional 8% notes due 2031

SAR•2026-09-22

Saratoga Investment launches additional 8.00% notes offering

Saratoga Investment launched a registered public offering of additional 8.00% Notes due 2031, listed on the NYSE as SAX.

The new notes will be fungible with the existing series totaling $97.75 million issued on Aug. 26, 2026 and Sept. 2, 2026.

Proceeds are earmarked to repay debt under a Valley National Bank special purpose vehicle credit facility or to redeem the 8.00% Notes due 2027.

Lucid Capital Markets, LLC and Oppenheimer are joint book-running managers.

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