{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-062100","form_type":"8-K","ticker":"CION","cik":"0001534254","company_name":"CION Investment Corp","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.303653+00:00","generated_at":"2026-06-14T21:13:32.115073+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"CION extends JPM credit facility to May 2025, shifts to SOFR, cuts minimum borrowings to $550M","bullets":["Advances up to $675M unchanged; interest rate now 3-month SOFR + 3.05% plus 0.15% credit spread adjustment.","Reinvestment period extended from May 2023 to May 2024; maturity extended from May 2024 to May 2025.","Minimum borrowings reduced by $50M to $550M; six-month non-call provision added.","Second Amendment dated May 15, 2023; no other material terms of the facility were revised."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-062100","json":"https://secwatch.observer/filing/0001104659-23-062100.json","markdown":"https://secwatch.observer/filing/0001104659-23-062100.md","text":"https://secwatch.observer/filing/0001104659-23-062100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923062100/0001104659-23-062100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923062100/tm2316014d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T21:13:32.115073+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e2a3c28d9a4b698071a99ebfd42c658d78942476","claim":"CION Investment Corp amended credit facility of up to $675,000,000 with JPMorgan Chase Bank, National Association at three-month SOFR, plus a credit spread of 3.05% per year, and a LOFR to SOFR cre maturing May 15, 2025.","evidence_excerpt":"Association, as securities intermediary, and CION Investment Management, LLC, CION’s investment adviser, as portfolio manager. Advances to 34 th Street remain unchanged of up to $675,000,000 but under the Second Amendment, all such advances bear interest at a floating rate equal to the three-month Secured Overnight Financing Rate (“SOFR”), plus a credit spread of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923062100/0001104659-23-062100-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $675,000,000"},{"label":"Counterparty","value":"JPMorgan Chase Bank, National Association"},{"label":"Rate","value":"three-month SOFR, plus a credit spread of 3.05% per year, and a LOFR to SOFR cre"},{"label":"Maturity","value":"May 15, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"5d996f847d7cf91eb20efa3fad224ce7fd7254e8","claim":"CION Investment Corp amended Second Amendment to Third Amended and Restated Loan and Security Agreement with JPMorgan Chase Bank, National Association valued at Advances up to $675,000,000 bearing interest at three-month SOFR plus 3.05% per year plus 0.15% cred (effective 2023-05-15).","evidence_excerpt":"On May 15, 2023, 34 th Street Funding, LLC (“34 th Street”), a wholly-owned, special purpose financing subsidiary of CĪON Investment Corporation (“CION”), entered into a Second Amendment to Third Amended and Restated Loan and Security Agreement (the “Second Amendment”) with JPMorgan Chase Bank, National Association (“JPM”), as lender and administrative agent, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, U.S. Bank National Association, as securities intermediary, and CION Investment Management, LLC, CION’s investment adviser, as portfolio manager.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923062100/0001104659-23-062100-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, National Association"},{"label":"Value","value":"Advances up to $675,000,000 bearing interest at three-month SOFR plus 3.05% per year plus 0.15% cred"},{"label":"Effective","value":"2023-05-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}