secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001104659-25-015206
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION terminates $125M repurchase facility, enters new loan with UBS at improved spread
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- New $125M senior secured facility with UBS; credit spread reduced 45 bps to SOFR+2.75% from SOFR+3.20%.
- Maturity date February 13, 2028; non-usage fee of 0.75% on undrawn amounts above $100M minimum.
- Prepayment subject to 2.0% premium in certain circumstances; obligations non-recourse to CION.
- CION incurred customary costs; facility secured by assets of subsidiary Murray Hill Funding II.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465925015206/0001104659-25-015206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465925015206/tm256943d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-015206

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