CION Investment Corporation Announces the Repayment of Certain Outstanding Debt and the Closing of a Strategic Joint Venture Transaction
Business Wire•29/09/2026•16:30 ET
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Key Highlights
- ➤CION (CION) repaid $114.8 million of public Israel Series A Notes in full
- ➤CION (CION) repaid approximately $200 million under JPMorgan credit facility
- ➤Strategic joint venture launched with $184.7 million in combined capitalization
- ➤Joint venture acquired 20 senior secured loans for $180.0 million fair value
- ➤Pro-forma estimated net leverage would have decreased to approximately 1.35x
Expert Statements
Michael A. Reisner, Co-Chief Executive Officer of CION
“For the last few months, we have preserved and allocated cash to implement our de-leveraging plan that we presented to shareholders during our second quarter earnings conference call. We are pleased to inform shareholders that we were able to execute on our de-leveraging plan within our target date of September 30, 2026.”
CION Investment Corporation Announces the Repayment of Certain Outstanding Debt and the Closing of a Strategic Joint Venture Transaction
CION Repays in Full its Public Israel Series A Notes and JPMorgan Credit Facility
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