Saratoga Investment: SAV, New BDC Bond With A 7.5% Yield
Source: SeekingAlpha
2026-02-12 23:28:29 ET
Thesis
It has been a busy few months for many BDCs and CEFs, with many bond refinancings taking place. The companies are taking advantage of lower front rates and low credit spreads in order to lock in new, cheaper financing. This has translated into lower duration for investors, but also the loss of attractive rates and yields on many bonds....
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Saratoga Investment: SAV, New BDC Bond With A 7.5% Yield
Saratoga Investment Corp 8.50% Notes due 2028
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