Saratoga Investment Corp. Announces Distribution of Proxy Materials for its 2024 Annual Meeting of Stockholders
13 August 2024 - 10:30PM
Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment,”
“Saratoga” or “the Company”) today announced that the Company
commenced distribution of proxy materials to the Company’s
stockholders for the 2024 Annual Meeting of Stockholders (the
“Annual Meeting”) to be held on September 26 2024.
Saratoga’s Annual Report on Form 10-K for the
year ended February 29, 2024, and its definitive proxy statement
for the Annual Meeting which was filed on August 1, 2024 with the
U.S. Securities and Exchange Commission, may be viewed on
Saratoga’s Investor Relations website at
https://ir.saratogainvestmentcorp.com/financial-informations.
Your vote is important regardless of the number
of shares you own. The Company’s stockholders are urged to vote
their shares as soon as possible, which will help Saratoga reduce
the significant solicitation costs associated with the Annual
Meeting.
Saratoga’s Annual Meeting will be held at the
offices of Ropes and Gray, located at 1211 Avenue of The
Americas, 38th Floor, New York, NY 10036 on Thursday, September 26,
2024 at 10:00 a.m., Eastern Time. Stockholders of the Company’s
common stock as of the close of business on July 29, 2024, the
record date, may vote at the Annual Meeting.
About Saratoga Investment
Corp.
Saratoga Investment is a specialty finance
company that provides customized financing solutions to U.S.
middle-market businesses. The Company invests primarily in senior
and unitranche leveraged loans and mezzanine debt, and, to a lesser
extent, equity to provide financing for change of ownership
transactions, strategic acquisitions, recapitalizations and growth
initiatives in partnership with business owners, management teams
and financial sponsors. Saratoga Investment’s objective is to
create attractive risk-adjusted returns by generating current
income and long-term capital appreciation from its debt and equity
investments. Saratoga Investment has elected to be regulated as a
business development company under the Investment Company Act of
1940 and is externally managed by Saratoga Investment Advisors,
LLC, an SEC-registered investment advisor focusing on credit-driven
strategies. Saratoga Investment Corp. owns two active
SBIC-licensed subsidiaries, having surrendered its first license
after repaying all debentures for that fund following the end of
its investment period and subsequent wind-down. Furthermore, it
manages a $650 million collateralized loan obligation
(“CLO”) fund and co-manages a joint venture (“JV”) fund that owns
a $400 million collateralized loan obligation (“JV CLO”)
fund. It also owns 52% of the Class F and 100% of the
subordinated notes of the CLO, 87.5% of both the unsecured loans
and membership interests of the JV and 87.5% of the Class E notes
of the JV CLO. The Company’s diverse funding sources, combined with
a permanent capital base, enable Saratoga Investment to provide a
broad range of financing solutions.
Contact:Henri SteenkampSaratoga
Investment Corp.212-906-7800
Saratoga Investment (NYSE:SAR)
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