secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001104659-24-080851
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924080851/0001104659-24-080851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924080851/tm2419565d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-080851

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