SARATOGA INVESTMENT CORP. (NYSE:SAR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
• | To elect Michael J. Grisius and G. Cabell Williams each as a director of the Company, to serve until the 2020 Annual Meeting of Stockholders or until his successor is duly elected and qualified. |
Each of the nominees were elected to serve until the 2020 Annual Meeting of Stockholders or until his successor is duly elected and qualified.The following votes were taken in connection with this proposal:
DirectorNominee |
VotesFor | VotesWithheld |
Michael J. Grisius |
3,309,962 | 31,186 |
G. Cabell Williams |
3,249,145 | 92,003 |
About SARATOGA INVESTMENT CORP. (NYSE:SAR)
Saratoga Investment Corp. is a specialty finance company. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. It purchases mezzanine debt and makes equity investments in middle market companies. It may invest in other investments, such as investments in distressed debt, including securities of companies in bankruptcy, foreign debt, private equity, securities of public companies that are not thinly traded and structured finance vehicles, such as collateralized loan obligation funds. Its leveraged loan portfolio consists primarily of first lien and second lien term loans. The Company’s investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.