CION Investment issues up to $60 million senior unsecured notes due 2029 and 2031
CION•Initial closing and second closing
The initial closing on July 15, 2026 raised $30 million: $2 million of 2029 notes and $28 million of 2031 notes.
A second closing of up to $30 million is available within one year, subject to purchaser acceptance: up to $8 million of 2029 notes and up to $22 million of 2031 notes.
Pricing, interest and use of proceeds
The notes were priced at 98% of principal for the 2029 tranche and 97% for the 2031 tranche. Interest starts quarterly on Oct. 15, 2026.
Proceeds are earmarked for partial debt repayment, with the remainder for working capital and general corporate purposes.
Private placements for senior unsecured notes
CION Investment entered private placements for up to $60 million of senior unsecured notes: $10 million of 7.5% notes due 2029 and $50 million of .
