Brief: Saratoga Investment Enters Into First Amendment To Credit, Security Agreement

Saratoga Investment

02/02/2023 14:33

Feb 2 (Reuters) - Saratoga Investment Corp  SAR.N :
    * SARATOGA INVESTMENT CORP -  ON JANUARY 27 CO ENTERED INTO
FIRST
AMENDMENT TO CREDIT AND SECURITY AGREEMENT, DATED AS OF OCTOBER
4, 2021
    * SARATOGA INVESTMENT CORP -  AMENDMENT, AMONG OTHER THINGS
INCREASED BORROWINGS AVAILABLE UNDER ENCINA CREDIT FACILITY TO
UP TO $65.0 MILLION
    * SARATOGA INVESTMENT CORP - AMENDMENT EXTENDEDS THE
REVOLVING
PERIOD FROM OCTOBER 4, 2024 TO JANUARY 27, 2026
    * SARATOGA -  AMENDMENT EXTENDED PERIOD DURING WHICH
BORROWER MAY
REQUEST ONE/MORE INCREASES IN BORROWINGS UNDER ENCINA CREDIT
FACILITY TO JAN 27, 2025

Further company coverage:  SAR.N 
 ((Reuters.Briefs@thomsonreuters.com;))