debt
confidence high
sentiment neutral
materiality 0.55
CION enters underwriting agreement for $150M of 7.5% Notes due 2029
CION Investment Corp
- Issued $150M aggregate principal of 7.50% Notes due 2029, with option for up to $22.5M additional overallotments.
- Underwriting agreement with Keefe, Bruyette & Woods (representative) and CION Investment Management, LLC.
- Closing expected on October 3, 2024, subject to customary conditions.
- Offered under existing shelf registration on Form N-2 (No. 333-278658).