---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-116784"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:04:55.398188+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CION issues $100M floating-rate senior unsecured notes due 2027 at investment grade

## Summary
- $100M aggregate principal, priced at 99.25%, net proceeds ~$99M.
- Floating rate = 3-month SOFR + 4.75% p.a., subject to 2.00% SOFR floor.
- Matures Nov 8, 2027; quarterly interest payments starting Feb 15, 2024.
- Proceeds to repay senior secured debt, make portfolio investments, and for working capital.
- Notes are investment grade, unsecured, rank pari passu with other unsecured debt.

## SEC filing metadata
- accession: 0001104659-23-116784
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116784/0001104659-23-116784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116784/tm2330347d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-116784
- JSON: https://secwatch.observer/filing/0001104659-23-116784.json
- Plain text: https://secwatch.observer/filing/0001104659-23-116784.txt

## Key facts
- Debt Financings
  CION Investment Corp incurred senior notes of $100 million aggregate principal amount at three-month Secured Overnight Financing Rate (“SOFR”) plus a credit spread of 4. maturing November 8, 2027.
  - Instrument: senior notes
  - Principal: $100 million aggregate principal amount
  - Rate: three-month Secured Overnight Financing Rate (“SOFR”) plus a credit spread of 4.
  - Maturity: November 8, 2027
  - Event: incurrence
  source text: On November 8, 2023, CĪON Investment Corporation (“CION”) e ntered into a Note Purchase Agreement with certain institutional investors (the “Note Purchase Agreement”), in connection with CION’s issuance of $100 million aggregate principal amount of its senior unsecured notes due 2027 (the “Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116784/0001104659-23-116784-index.htm
- Material Agreements
  CION Investment Corp entered into Note Purchase Agreement with certain institutional investors valued at $100 million aggregate principal amount (effective 2023-11-08).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain institutional investors
  - Value: $100 million aggregate principal amount
  - Effective: 2023-11-08
  source text: On November 8, 2023, CĪON Investment Corporation (“CION”) e ntered into a Note Purchase Agreement with certain institutional investors (the “Note Purchase Agreement”), in connection with CION’s issuance of $100 million aggregate principal amount of its senior unsecured notes due 2027 (the “Notes”) at a purchase price equal to 99.25% of the principal amount of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116784/0001104659-23-116784-index.htm

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