How Private Credit Funds Work & Advantages They Provide
In the business world, big dreams and hard work can only get a company so far. Companies, especially smaller and newer businesses, need financial support to successfully execute their growth plans. Yet these promising enterprises rarely obtain capital from traditional banking institutions, which favor established corporations.
Saratoga Investment Corp. Announces Fiscal Third Quarter 2023 Financial Results
Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal third quarter, with Net Investment Income (“NII”) per share notably up 30% over the prior quarter and up 84% over the year ago quarter, and Adjusted NII per share up 33% and 45%, respectively, over those same periods.
Saratoga Investment Corp. to Report Fiscal Third Quarter 2023 Financial Results and Hold Conference Call
Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended November 30, 2022, on January 10, 2023, after market close.
First Lien Loans: What They Are (Plus Examples)
While mega-corporations and big businesses often make the largest splash in the news, in reality, small and medium-sized enterprises (SMEs) contribute significantly to global economies.
Saratoga Investment Corp. Prices Public Offering of $52.5 Million 8.125% Notes Due 2027
NEW YORK, NY (December 5, 2022) – Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $52.5 million in aggregate principal amount of 8.125% unsecured notes due 2027 (the “Notes”).
Saratoga Investment Corp. Announces Offering of Notes and BBB+ Investment Grade Rating from Egan-Jones Ratings Company
NEW YORK, NY, Dec. 05, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”).
Senior Secured Loans: Everything You Need to Know
Small and medium-sized enterprises, or SMEs, form the foundation of our global economy. They represent 90 percent of all businesses and employ more than 50 percent of the world’s workforce, according to the World Bank.
Everything You Need To Know About Subordinated Debt
Subordinated debt has a variety of implications for growing businesses. Also known as junior debt, it can be used to fund expansions, acquisitions, and other projects like customer outreach and employee recruitment.
Saratoga Investment Corp. Increases Quarterly Dividend by 26%, or $0.14, to $0.68 per Share for the Fiscal Third Quarter Ended November 30, 2022
NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.68 per share
Saratoga Investment Corp. Joint Venture Prices $400 million New CLO
NEW YORK, Oct. 03, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that it has priced a $400 million CLO called Saratoga Investment Corp Senior Loan Fund 2022-1 Ltd. (“SLF 2022”) on September 30, 2022.
