Saratoga Investment Pushes Debt Maturity To 2031, But Dividend Coverage Remains Under Pressure
The Print Saratoga Investment Corp. (NYSE:SAR) has pushed one large 2027 maturity out to 2031, but the refinancing does not remove the pressure visible in its latest dividend math. The business development company
Saratoga Investment moved a big loan payment from 2027 to 2031, so it has more time to pay it back. But the company still has to work harder to make enough money to pay its shareholders their regular cash rewards.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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