secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001104659-24-105934
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION Investment closes $172.5M offering of 7.50% Notes due 2029
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- Issued $172.5M aggregate principal amount of 7.50% Notes due December 30, 2029.
- Interest paid quarterly at 7.50% per annum; first payment due December 30, 2024.
- Notes are unsecured and rank pari passu with existing and future unsecured indebtedness.
- Net proceeds to repay borrowings under JPMorgan senior secured credit facility.
- Notes redeemable at CION's option on/after Dec 30, 2026 at $25 per Note plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924105934/0001104659-24-105934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924105934/tm2425461d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-105934

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