Description

Saratoga Investment Corp. (SIC) functions as a specialized financial institution, primarily channeling capital into higher-yield debt instruments. The firm focuses on providing leveraged loans and mezzanine debt to U.S. middle-market companies, executing these investments either through direct lending arrangements or by participating in syndicated loan facilities. SIC has chosen to operate as a Business Development Company (BDC), adhering to the regulations outlined in the Investment Company Act of 1940. Its shares are publicly listed on the New York Stock Exchange (NYSE) under the ticker symbol 'SAR'. Additionally, Saratoga Investment Corp. includes a subsidiary holding an SBIC license.