Key Developments: Saratoga Investment Corp (SAR.N)

SAR.N on New York Stock Exchange

16.05USD
30 Jul 2014
Price Change (% chg)

$0.06 (+0.38%)
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6,800
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$19.84
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Latest Key Developments (Source: Significant Developments)

Saratoga Investment Corp announces appointment of CFO - Form 8-K
Friday, 7 Mar 2014 05:16pm EST 

Saratoga Investment Corp:Says Henri J. Steenkamp has been appointed to serve as the Interim Chief Financial Officer and Interim Chief Compliance Officer.  Full Article

Saratoga Investment Corp announces resignation of CFO - Form 8-K
Tuesday, 4 Feb 2014 05:14pm EST 

Saratoga Investment Corp:Says on Jan 29, the Chief Financial Officer and Chief Compliance Officer of Saratoga Investment Corp., Richard A. Petrocelli, submitted to the Registrant notice of his resignation from such offices effective Mar 3.Says the registrant is in the process of identifying a replacement Chief Financial Officer and Chief Compliance Officer.Says Petrocelli will continue to perform the duties of Chief Financial Officer and Chief Compliance Officer through Mar 3.  Full Article

Saratoga Investment Corp Declares $2.65 Dividend Per Share
Wednesday, 30 Oct 2013 08:30am EDT 

Saratoga Investment Corp announced that its Board of Directors has declared a dividend of $12.5 million, or $2.65 per share, payable on December 27, 2013 to common shareholders of record on November 13, 2013.  Full Article

Saratoga Investment Corp Closes An Additional $6.3 Million Of 7.50% Notes Due 2020 Pursuant To The Full Exercise Of The Underwriters' Option To Purchase Additional Notes
Friday, 17 May 2013 05:48pm EDT 

Saratoga Investment Corp announced that it has closed an underwritten public offering of $6.3 million in aggregate principal amount of 7.50% fixed-rate notes due 2020 pursuant to the full exercise of the underwriters' option to purchase additional notes. The notes will mature on May 31, 2020 and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after May 31, 2016. Interest will be payable quarterly beginning August 15, 2013. The Company intends to use the net proceeds from the offering to repay a portion of the outstanding indebtedness under its senior secured revolving credit facility and to fund new investment opportunities. The notes are listed on the New York Stock Exchange under the trading symbol "SAQ". Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., BB&T Capital Markets, a division of BB&T Securities, LLC and William Blair and Company, LLC acted as joint book-running managers. Maxim Group LLC and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc., acted as lead managers. C&Co/PrinceRidge LLC, Dominick & Dominick LLC and Gilford Securities Incorporated acted as co-managers. Investors are advised to consider carefully the investment objective, risks and charges and expenses of the Company before investing.  Full Article

Saratoga Investment Corp Announces Offering of Notes Due 2020
Monday, 29 Apr 2013 08:00am EDT 

Saratoga Investment Corp announced the commencement of a registered public offering of Notes due 2020 (the Notes). The Notes are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the trading symbol SAQ. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., BB&T Capital Markets and William Blair are acting as joint book-running managers. Maxim Group LLC and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. are acting as lead managers. C&Co/PrinceRidge LLC, Dominick & Dominick LLC and Gilford Securities Incorporated are acting as co-managers.  Full Article

Saratoga Investment Corp Promotes Michael J. Grisius To President
Tuesday, 5 Feb 2013 02:38pm EST 

Saratoga Investment Corp announced that the promotion of Michael J. Grisius to President. Grisius, who has more than 23 years of experience in leveraged finance and private equity, will continue his previous responsibilities as the Chief Investment Officer and a Managing Director of Saratoga Investment Advisors, LLC, the Company's investment adviser, as well as a Director of the Company.  Full Article

Saratoga Investment Corp Declares $4.25 Dividend Per Share
Friday, 9 Nov 2012 06:39pm EST 

Saratoga Investment Corp announced that its Board of Directors has declared a dividend of $4.25 per share payable on December 31, 2012 to common shareholders of record on November 20, 2012.  Full Article

Saratoga Investment Corp Declares $4.25 Dividend Per Share
Friday, 9 Nov 2012 06:39pm EST 

Saratoga Investment Corp announced that its Board of Directors has declared a dividend of $4.25 per share payable on December 31, 2012, to common shareholders of record on November 20, 2012.  Full Article

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