Brief: CION Investment Announces Formation Of CION/Eagletree Partners

CION Investment

28/12/2021 21:51

Dec 28 (Reuters) - Cion Investment Corp  CION.N :
    * CION INVESTMENT CORPORATION ANNOUNCES FORMATION OF
CION/EAGLETREE PARTNERS, LLC
    * CION INVESTMENT CORP - INITIAL HOLDINGS OF JV CONSIST OF A
DIVERSIFIED PORTFOLIO OF APPROXIMATELY $97 MILLION OF SECOND
LIEN DEBT
    * CION INVESTMENT - INITIAL HOLDINGS OF JV CONSIST OF A
DIVERSIFIED PORTFOLIO OF ABOUT $15 MILLION OF CASH CONTRIBUTED
BY EAGLETREE AND BULLINGHAM CAPITAL
    * CION - INITIAL EQUITY OWNERSHIP OF JV WILL BE 85% BY CION
& 15%
BY A FIRM-LEVEL INVESTMENT ENTITY JOINTLY OWNED BY EAGLETREE AND
BULLINGHAM CAPITAL

Source text for Eikon:  ID:nBw9BF8rQa 
Further company coverage:  CION.N 

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