CION Investment Corporation Announces Pricing of Public Offering of Unsecured Notes Due 2029 [Yahoo! Finance]
CION Investment Corporation (CION)
Company Research
Source: Yahoo! Finance
NEW YORK, September 26, 2024 BUSINESS WIRE )--CION Investment Corporation (NYSE: CION) (the "Company" or "CION") announced today that it has priced an underwritten public offering of $150.0 million aggregate principal amount of unsecured notes due 2029 (the "Notes"), which will result in net proceeds to the Company of approximately $145.4 million after the payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Notes will mature on December 30, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after December 30, 2026. The Notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at a rate of 7.50% per year, payable quarterly, with the first interest payment occurring on December 30, 2024. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $22.5 million aggregate prin
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CION
News
- CION Investments and GCM Grosvenor Announce SEC Effectiveness of the CION Grosvenor Infrastructure FundBusiness Wire
- CION Investment Corporation (CION) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- CION Invt Corp (CION) Q3 2024 Earnings Call Highlights: Navigating Market Volatility with ... [Yahoo! Finance]Yahoo! Finance
- CION Investment Corporation Reports Third Quarter 2024 Financial ResultsBusiness Wire
- CION Investment Co. (NYSE: CION) had its price target lowered by analysts at Wells Fargo & Company from $12.00 to $11.50. They now have an "equal weight" rating on the stock.MarketBeat
CION
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- CION's page on the SEC website