BDC Saratoga Investment Announces Nice Earnings

BDC Saratoga Investment (NYSE:SAR) has announced earnings and while we have not combed through the earnings with a fine tooth comb they look like excellent results.

Saratoga has a nice 6.75% short duration baby bond outstanding with a current price of $25.97 for a current yield of 6.50%.  1st call date is 12/21/2019 with a maturity date of 12/30/2023.

We invite you to read the company press release.

Press release