Saratoga Investment Corporation (SAR) has announced a new offering of baby bonds with a maturity date in 2027.
The business development company (BDC) has 1 other issue current outstanding with a 6% coupon and a maturity in 2027 as well. This issue is trading around $23.65/share right now.
The preliminary prospectus can be read here.
2whiteroses was right on top of this one.