secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-09-23T23:59:59+00:00
Accession:  0001104659-24-101899
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION issues $100M floating-rate senior unsecured notes due 2027
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- $100M aggregate principal, net proceeds ~$96.2M after fees.
- Floating rate: 3-month SOFR + 3.90% per year, 2.00% SOFR floor, paid quarterly.
- Matures November 8, 2027; redeemable at par plus make-whole premium.
- Rated investment grade; use proceeds to repay secured debt, invest, working capital.
- CFO says increasing unsecured debt mix is strategic priority.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924101899/0001104659-24-101899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924101899/tm2424325d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-101899

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