Saratoga Investment Corp (SAR) gains 0.89% for July 21

Equities Staff  |

Saratoga Investment Corp (NYSE: SAR) shares gained 0.89%, or $0.24 per share, to close Wednesday at $27.23. After opening the day at $27.25, shares of Saratoga fluctuated between $27.52 and $27.13. 21,713 shares traded hands a decrease from their 30 day average of 52,830. Wednesday's activity brought Saratoga’s market cap to $304,525,915.

Saratoga is headquartered in New York, New York..

About Saratoga Investment Corp

aratoga 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 owns two SBIC-licensed subsidiaries and manages a $500 million collateralized loan obligation ('CLO') fund. It also owns 100% of the Class F-R-2, G-R-2 and subordinated notes of the CLO. The Company's diverse funding sources, combined with a permanent capital base, enable Saratoga Investment to provide a broad range of financing solutions.

Visit Saratoga Investment Corp’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Saratoga Investment Corp and to follow the company’s latest updates, you can visit the company’s profile page here: Saratoga Investment Corp’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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