Brief: CION Investment Announces Pricing Of About $82 Mln In Israel

CION Investment

24/02/2023 13:07

Feb 24 (Reuters) - CION Investment Corp  CION.N :
    * CION INVESTMENT CORPORATION ANNOUNCES PRICING OF
APPROXIMATELY
$82 MILLION OF SERIES A UNSECURED NOTES IN ISRAEL
    * CION INVESTMENT CORP - SERIES A UNSECURED NOTES ARE RATED
A1.I1
    * CION INVESTMENT CORP - IT PRICED OFFERING IN ISRAEL OF
APPROXIMATELY $82.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS
SERIES A UNSECURED NOTES DUE 2026
    * CION INVESTMENT CORP - NOTES ARE EXPECTED TO LIST AND
COMMENCE
TRADING ON TEL AVIV STOCK EXCHANGE LTD. ( "TASE") ON FEBRUARY
27, 2023
    * CION INVESTMENT CORP - CION'S SHARES OF COMMON STOCK ARE
EXPECTED TO LIST AND COMMENCE TRADING ON TEL AVIV STOCK EXCHANGE
LTD ON FEBRUARY 26, 2023
    * CION INVESTMENT CORP - EXPECTS TO USE NET PROCEEDS OF
OFFERING
TO MAKE INVESTMENTS IN PORTFOLIO COMPANIES IN ACCORDANCE WITH
ITS INVESTMENT OBJECTIVES
    * CION INVESTMENT CORP - OFFERING IS EXPECTED TO CLOSE ON
FEBRUARY
27, 2023

Source text for Eikon:  ID:nBw4yRdcfa 
Further company coverage:  CION.N 
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