CION subsidiary amends $675M credit facility: spread cut 65bps, maturities extended

CION Investment Corp

Credit spread reduced from SOFR+3.20% to SOFR+2.55% per year on $675M facility.
Reinvestment period extended from July 15, 2024 to June 15, 2026.
Maturity date extended from May 15, 2025 to June 15, 2027.
Annual administrative fee of 0.20% on JPMorgan's total commitment unchanged.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.