Saratoga Investment Corp. Prices Offering of Additional $125 Million of 4.375% Notes Due 2026 with a Yield-to-Maturity of Approximately 4.1%
NEW YORK, NY, July 15, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (the Company) today announced that it priced a public offering of an additional $125 million aggregate principal amount of 4.375% notes due 2026 (the Notes) on July 15, 2021. The Notes will be issued at a price of 101.00% of the aggregate principal amount of the Notes, resulting in a yield-to-maturity of approximately 4.1%.
Saratoga Investment Corp. Prices Offering of Additional $125 Million of 4.375% Notes Due 2026 with a Yield-to-Maturity of Approximately 4.1%
NEW YORK, NY, July 15, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (the Company) today announced that it priced a public offering of an additional $125 million aggregate principal amount of 4.375% notes due 2026 (the Notes) on July 15, 2021. The Notes will be issued at a price of 101.00% of the aggregate principal amount of the Notes, resulting in a yield-to-maturity of approximately 4.1%.