Saratoga Investment Corp 6.00%
SAT
New York Stock Exchange24.90
USD
+0.01
- -
CIK
0001377936
ISIN
US80349A8027
CUSIP
80349A802
Return %
Stock
S&P500
1Y
1.72
26.53
3Y
8.17
76.60
5Y
0.97
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Chris Long Oberbeck
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 535 Madison Avenue, 4th Floor New York NY United States of America 10022
- IPO Date
- May 3, 2022
- CIK
- 0001377936
- Website
- saratogainvestmentcorp.com
- Similar Companies
- Business
- Saratoga Investment Corp. (NYSE:SAR) operates as a business development company that provides customized financing solutions to middle-market companies in the United States; its core investment products include first and second lien senior secured loans, mezzanine debt, unitranche structures, subordinated debt, equity co-investments, select high yield bonds, senior secured bonds, unsecured bonds, preferred stock, and common equity, primarily targeting leveraged buyouts, management buyouts, acquisition financings, growth financings, recapitalizations, debt refinancing, and transitional financings for companies with EBITDA of at least $2 million and revenues between $5 million and $250 million across sectors such as healthcare, software and technology, business services, manufacturing, distribution, aerospace, automotive aftermarket, consumer products, education, environmental services, financial services, food and beverage, logistics, media, telecommunications, specialty chemicals, and restaurants; the company manages investments through direct lending and loan syndicates, maintains a diversified portfolio of approximately 48 companies valued at around $978 million as of early 2025 excluding cash, and generates income from interest, dividends, and capital gains while distributing regular quarterly dividends of $0.75 per share supplemented by special dividends such as the $0.25 per share declared in November 2025 to meet fiscal 2025 requirements. Founded in 2007 and formerly known as GSC Investment Corp., Saratoga Investment Corp. is headquartered at 535 Madison Avenue, New York, New York, with an additional office in Florham Park, New Jersey; it is externally managed by Saratoga Investment Advisors LLC, owns two active Small Business Investment Company (SBIC)-licensed subsidiaries following the surrender of its first license after full debenture repayment, and co-manages a joint venture fund holding a $400 million collateralized loan obligation alongside a $650 million CLO fund in wind-down. Recent developments include the origination of $52.3 million in new investments across three portfolio companies and two follow-ons post-quarter-end in Q3 fiscal 2026, alongside repayments of $12.8 million for a net portfolio increase of $39.5 million; the establishment of an $85 million senior secured revolving credit facility with Valley National Bank in November 2025, replacing a prior $65 million Encina facility, which expands borrowing capacity by $20 million, extends maturity to 2028, lowers the applicable margin, and broadens eligible assets; net deployments of $25.9 million in fiscal Q4 2025 supporting one new platform and six follow-ons with two additional new companies post-year-end; three equity realizations generating $7.2 million in gains during Q4 2025 amid rising lower-middle-market M&A activity; total undrawn borrowing capacity of approximately $428 million including credit facilities, cash equivalents, and $136 million in SBIC III debentures as of mid-2025; and maintenance of $300 million in common stock ATM offering capacity through agents including Ladenburg Thalmann, Raymond James, Lucid Capital Markets, and Compass Point.
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