Brief: Cion Investment Corp Says On May 15 Unit Of Co Entered Into A Second Amendment To Third Amended And Restated Loan And Security Agreement

CION Investment

18/05/2023 13:12

May 18 (Reuters) - Cion Investment Corp  CION.N :
    * CION INVESTMENT CORP - ON MAY 15 UNIT OF CO ENTERED INTO A
SECOND AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AND SECURITY
AGREEMENT
    * CION INVESTMENT CORP - REINVESTMENT PERIOD WAS EXTENDED TO
MAY
15, 2024 AND THE MATURITY DATE WAS EXTENDED FROM MAY 15, 2024 TO
MAY 15, 2025
    * CION INVESTMENT CORP - AMOUNT OF MINIMUM BORROWINGS
REQUIRED WAS
REDUCED BY $50,000,000 TO $550,000,000 WITH A SIX-MONTH NON-CALL
PROVISION

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Further company coverage:  CION.N 

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