Brief: Cion Investment Corporation Announces Issuance Of Approximately $34 Million Of Additional Series A Unsecured Notes In Israel

CION Investment

11/10/2023 13:15

Oct 11 (Reuters) - Cion Investment Corp  CION.N :
    * CION INVESTMENT CORPORATION ANNOUNCES ISSUANCE OF
APPROXIMATELY
$34 MILLION OF ADDITIONAL SERIES A UNSECURED NOTES IN ISRAEL
    * CION INVESTMENT CORP - ADDITIONAL SERIES A UNSECURED NOTES
ARE
RATED A1.IL
    * CION INVESTMENT CORP - ADDITIONAL NOTES WILL MATURE ON
AUGUST
31, 2026
    * CION INVESTMENT - ADDITIONAL NOTES WILL BEAR INTEREST AT
FLOATING RATE EQUAL TO SECURED OVERNIGHT FINANCING RATE PLUS
CREDIT SPREAD OF 3.82% PER YEAR

Source text for Eikon:  ID:nBw31FHqpa 
Further company coverage:  CION.N 

 ((Reuters.Briefs@thomsonreuters.com))