secwatch.observer — SEC 8-K summary
======================================

Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2026-07-16T20:08:16+00:00
Accession:  0001104659-26-084247
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION Investment Corp issues up to $60M in senior unsecured notes; initial $30M closed
--------------------------------------------------------------------------------

- Initial closing of $30M: $2M of 7.50% notes due 2029 and $28M of 8.00% notes due 2031.
- Notes issued at discount: 2029 at 98% of par, 2031 at 97% of par.
- Proceeds to repay outstanding debt and for working capital and general corporate purposes.
- Covenants include minimum equity $493.1M, asset coverage 150%, interest coverage 1.25x.
- Subsequent closing of up to $30M possible within one year at purchasers' discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465926084247/0001104659-26-084247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465926084247/tm2620585d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-084247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer