BDC Saratoga Investment (SAR) has reopened their 6.25% baby bonds due 2025 (NYSE:SAF).
This issue has traded strongly of late and we currently have a position in the baby bonds.
There is a chance they could go on sale on Friday (probably by just a little amount). Shares were off 20 cents today.
The press release can be found here.
The financials of SAR look pretty darned good. I bot the SAF when it was released. May look to grab more if it dips on this announcement. Thanks Tim.
Yes Affinity–my take is the last few years have been good for them. I may add a little if it dips.