---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-026755"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:01:15.766485+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CION issues $80.7M Series A unsecured notes due 2026, SOFR+3.82%, rated A1.il by Midroog

## Summary
- Issued ~$80.7M aggregate principal of Series A Unsecured Notes due August 31, 2026.
- Net proceeds of ~$77.9M to be used for portfolio investments, working capital, and general corporate purposes.
- Notes bear variable interest at SOFR plus a fixed margin of 3.82% per year, paid quarterly.
- Notes listed and commenced trading on the Tel Aviv Stock Exchange on February 28, 2023; common stock also listed on TASE on February 26.
- Covenants include minimum shareholders' equity of $525M and asset coverage ratio not less than 150%.

## SEC filing metadata
- accession: 0001104659-23-026755
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534254/000110465923026755/0001104659-23-026755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465923026755/tm237948d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-026755
- JSON: https://secwatch.observer/filing/0001104659-23-026755.json
- Plain text: https://secwatch.observer/filing/0001104659-23-026755.txt

## Key facts
- Debt Financings
  CION Investment Corp incurred senior notes of $80.7 million with Mishmeret Trust Company Ltd. at SOFR plus a credit spread of 3.82% per year maturing August 31, 2026.
  - Instrument: senior notes
  - Principal: $80.7 million
  - Counterparty: Mishmeret Trust Company Ltd.
  - Rate: SOFR plus a credit spread of 3.82% per year
  - Maturity: August 31, 2026
  - Event: incurrence
  source text: On February 28, 2023, CĪON Investment Corporation (“CION”) entered into a Deed of Trust (the “Deed of Trust”) with Mishmeret Trust Company Ltd., as trustee, under which CION issued approximately $80.7 million in aggregate principal amount of its Series A Unsecured Notes due 2026 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465923026755/0001104659-23-026755-index.htm
- Material Agreements
  CION Investment Corp entered into Deed of Trust with Mishmeret Trust Company Ltd. valued at approximately $80.7 million (effective 2023-02-28).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Mishmeret Trust Company Ltd.
  - Value: approximately $80.7 million
  - Effective: 2023-02-28
  source text: On February 28, 2023, CĪON Investment Corporation (“CION”) entered into a Deed of Trust (the “Deed of Trust”) with Mishmeret Trust Company Ltd., as trustee, under which CION issued approximately $80.7 million in aggregate principal amount of its Series A Unsecured Notes due 2026 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465923026755/0001104659-23-026755-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.