**Saratoga Investment Corp. Reports Financial Results for Fiscal Q3 2025**

Saratoga Investment Corp. (NYSE: SAR) recently released their financial results for the fiscal third quarter of 2025, which concluded on November 30, 2024. The company announced a sequential quarterly increase in adjusted Net Investment Income (NII) per share, excluding a one-time interest reserve reversal. They reported a growth in Return on Equity (ROE) to 9.2% for the last twelve months, reflecting a positive trend for the period. The company highlighted strong deployments totaling $84.5 million, supporting both new platforms and existing portfolio companies, although this was offset by significant repayments.

Christian L. Oberbeck, Chairman and CEO of Saratoga Investment, stressed that the company’s performance for the quarter exhibited a notable increase in adjusted NII per share and a steady rise in Net Asset Value (NAV). He emphasized the cautious and discerning approach of the company towards new commitments in the current economic climate, and the strategic originations that were primarily driven by a declining interest rate environment and increased M&A activity.

During the quarter, the company witnessed a surge in cash holdings to $250.2 million mainly due to substantial repayments exceeding new deployments. The overall credit quality of the portfolio remained robust, with a majority of investments in first lien debt supported by strong enterprise values and balance sheets.

Saratoga Investment’s diversified funding sources provide them with undrawn borrowing capacity of $337.7 million, enabling further investments and support for existing ventures. Moreover, the company recently extended its Share Repurchase Plan, reinforcing its commitment to enhance shareholder value.

As part of their financial disclosures, Saratoga Investment shared that their Net Asset Value per share stood at $26.95 as of November 30, 2024, reflecting a slight decrease from the previous quarter. The company also disclosed their consolidated statements of operations, detailing investment income, operating expenses, and the net increase in assets for the quarter ended November 30, 2024.

Saratoga Investment Corp. continues to navigate market challenges with confidence in their seasoned management team and robust investment strategies, aiming to deliver sustainable returns to shareholders amidst evolving economic conditions. Interested parties can access the complete financial statements and further details on the company’s performance by visiting their official investor relations website.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Saratoga Investment’s 8K filing here.

About Saratoga Investment

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.