Notice by Closed-end Investment Companies of Intention to Call or Redeem Their Own Securities (n-23c-2)
21 July 2021 - 6:36AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
NOTIFICATION
OF REDEMPTION OF SECURITIES PURSUANT TO RULE 23C-2 UNDER THE
INVESTMENT COMPANY ACT OF 1940
File
No. 814-00732
SARATOGA
INVESTMENT CORP.
(Exact
Name Of Registrant As Specified In Charter)
535
Madison Avenue
New
York, New York 10022
(Address
of Principal Executive Offices) (Zip Code)
The
undersigned hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as
set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended.
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(1)
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Title
of the class of securities of Saratoga Investment Corp. (the “Company”)
to be redeemed:
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6.25%
Notes due 2025 (CUSIP: 80349A 505; NYSE: SAF) (the "Notes").
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(2)
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Date
on which the securities are to be redeemed:
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The
Notes will be redeemed on August 31, 2021.
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(3)
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Applicable
provisions of the governing instrument pursuant to which the securities are to be redeemed:
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The
Notes are to be redeemed pursuant to (i) Article Eleven of the Company’s base indenture governing the Notes, dated as
of May 10, 2013 (the “Base Indenture”), between the Company and U.S. Bank National Association, as trustee, as amended (the
“Indenture”) and (ii) Section 1.01(h) of the Third Supplemental Indenture, dated as of August 28, 2018, between
the Company and U.S. Bank National Association, as trustee (the “Third Supplemental Indenture”).
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(4)
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The
principal amount or number of shares and the basis upon which the securities to be redeemed
are to be selected:
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The
Company will redeem, in whole, $60,000,000 in aggregate principal amount of the issued and outstanding Notes pursuant to the terms of
the Base Indenture and the Third Supplemental Indenture.
SIGNATURES
Pursuant
to the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended, the Company has duly caused this Notice
of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 20th day of July, 2021.
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Saratoga
Investment Corp.
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By:
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/s/
Henri J. Steenkamp
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Name:
Henri J. Steenkamp
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Title:
Chief Financial Officer, Treasurer, Chief Compliance Officer and Secretary
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