Saratoga Investment Reports Q1 Earnings with Mixed Financial Results
Saratoga Investment Corp (NYSE:SAR) reported a rise in assets under management to $1.126 billion for the first quarter of fiscal year 2027, alongside positive net originations of $31 million driven by new investments and follow-ons. However, adjusted net investment income fell to $0.47 per share due to lower short-term rates, tighter spreads, and higher borrowing costs from recent debt refinancing.
Topics: assets under management BDCs net investment income private credit