Saratoga Investment Corp. issued $85.0 million in aggregate principal amount of 8.00% Notes due 2031 on August 26, 2026. The notes bear interest at 8.00% per year, payable quarterly on February 28, May 31, August 31, and November 30, beginning November 30, 2026, with maturity on August 31, 2031. Net proceeds were approximately $82.0 million after deducting underwriting discounts and expenses. The company intends to use these funds to redeem its outstanding 6.00% notes due 2027 in full. Saratoga Investment Corp. operates as a business development company focused on providing debt financing to middle-market companies.