CION Investment Corp. 7.5 % Notes 2026-31.03.31
CICC
New York Stock Exchange24.46
USD
-0.06
- -
CIK
0001534254
ISIN
US17259U4022
CUSIP
17259U402
Return %
Stock
S&P500
1Y
-1.85
19.01
3Y
-1.85
65.48
5Y
-1.85
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Mark Gatto
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Park Avenue 25th Floor New York NY United States of America 10017
- IPO Date
- Feb 12, 2026
- CIK
- 0001534254
- Website
- cionbdc.com
- Similar Companies
- Business
- CION Investment Corporation is a publicly listed business development company that provides senior secured lending to U.S. middle-market companies, focusing on growth capital, refinancings, recapitalizations, and strategic acquisitions to support portfolio companies across diverse industries. The company primarily originates and manages investments in senior secured debt, including first and second lien loans and unitranche facilities, with opportunistic allocations to mezzanine debt, structured securities, and select equity when appropriate. CION targets middle-market borrowers, including sectors such as industrials, business services, healthcare, consumer products, and technology, deploying capital through direct lending and related credit facilities executed in liquid markets and private transactions. Founded in 2010, CION is headquartered in Paris, Île-de-France, France, with a strategic emphasis on expanding its footprint in the U.S. commercial lending landscape while maintaining active relationships with U.S.-based borrowers and financial sponsors. The company’s geographic operations center on the United States, supplemented by international funding and advisory relationships to support cross-border opportunities, and it maintains a network of portfolio company investments across multiple states and sectors. Latest major company changes include the 2026 issuance of $125 million aggregate principal amount of 7.50% unsecured notes due 2031 to refinance existing secured debt and to support general corporate purposes, signaling a capital structure optimization and funding diversification strategy. CION also strengthens its liquidity and investment capacity through this debt issuance, aligning with a broader 2024–2025 strategic emphasis on portfolio growth and risk management, while continuing to deliver net investment income in excess of ordinary dividends for its shareholders. In 2023–2024, the company reported ongoing portfolio growth, improved credit performance with declining non-accruals, and a constructive outlook for deploying capital into middle-market opportunities as part of its fundamental strategy to produce attractive risk-adjusted returns for investors. The company’s investor communications indicate a disciplined underwriting approach and active portfolio management aimed at maintaining robust credit metrics and liquidity to support ongoing new investments and repayments. Industry and business segments encompass private credit and debt financing for middle-market companies, with a primary focus on senior secured debt and related credit instruments; secondary investments and opportunistic allocations complement the core portfolio. Target markets include U.S. middle-market borrowers across diversified industries, supported by a governance framework designed to manage leverage, diversifying sources of funding, and maintaining transparency with public and private investors. Subsidiaries and parent company relationships include the primary operating entity CION Investment Corporation, with public listing and parent-level corporate governance aligned to U.S. regulatory requirements; no significant disclosed changes to corporate structure beyond debt financing and portfolio management activities in the stated period. The company’s core products and services are detailed as senior secured loans, first and second lien facilities, unitranche loans, and related credit investments, with selective equity and mezzanine exposure as part of a broader credit strategy.