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Saratoga Investment to sell up to $30M of common shares

Saratoga Investment Corp. filed a prospectus supplement for the potential sale of up to $30 million of the company's common stock from time to time.

Saratoga Investment will use the proceeds to make investments in middle-market companies and for general corporate purposes. The company may also use a portion of the net proceeds to reduce any of its outstanding borrowings. Pending such use, the company will invest the net proceeds primarily in high quality short-term debt securities.

Ladenburg Thalmann & Co. Inc., BB&T Capital Markets and B. Riley FBR Inc. are the sales agents.