CION Ares Diversified Credit Fund plans September redemption of 3.6 million Series B preferred shares - CION News | RalliesCION Ares Diversified Credit Fund plans September redemption of 3.6 million Series B preferred shares
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CION• Preferred share redemptions
- CION Investment reported the July 30 redemption of 2,400,000 Series A MRP Shares at a $25 liquidation preference per share.
- The fund plans to redeem 3,600,000 Series B MRP Shares on Sept. 30 under the terms of its preferred share supplement.
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