CION Investment Corp. Files 8-K for Definitive Agreement

TL;DR

CION filed an 8-K for a material definitive agreement on its 2029 notes.

AI Summary

CION Investment Corp. announced on November 13, 2024, that it entered into a material definitive agreement related to its seven and a half percent notes due 2029. The filing was made on November 15, 2024, and pertains to financial statements and exhibits.

Why It Matters

This filing indicates a significant contractual development for CION Investment Corp., potentially impacting its debt structure and financial obligations.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new financial obligations or alter existing ones, carrying inherent risks.

Key Players & Entities

• CION Investment Corp. (company) — Registrant
• November 13, 2024 (date) — Date of earliest event reported
• November 15, 2024 (date) — Date of Report
• Seven and a half percent notes due 2029 (debt_instrument) — Subject of the definitive agreement

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 per share CION The New York Stock E

Filing Documents

• tm2428386d1_8k.htm (8-K) — 31KB
• tm2428386d1_ex10-1.htm (EX-10.1) — 272KB
• tm2428386d1_ex10-2.htm (EX-10.2) — 275KB
• 0001104659-24-119599.txt ( ) — 884KB
• cion-20241113.xsd (EX-101.SCH) — 3KB
• cion-20241113_def.xml (EX-101.DEF) — 26KB
• cion-20241113_lab.xml (EX-101.LAB) — 36KB
• cion-20241113_pre.xml (EX-101.PRE) — 25KB
• tm2428386d1_8k_htm.xml (XML) — 5KB

01. Entry Into a Material Definitive

Item 1.01. Entry Into a Material Definitive Agreement. On November 13, 2024, Murray Hill Funding, LLC ("Murray Hill Funding"), a wholly-owned, special purpose financing subsidiary of CON Investment Corporation ("CION"), entered into (i) a Sixth Amended and Restated Master Confirmation (Class A-1 Notes) to the Global Master Repurchase Agreement (the "Sixth Amended Master Confirmation") with UBS AG ("UBS"), and (ii) a Second Amended and Restated Master Confirmation (Class A-R Notes) to the Global Master Repurchase Agreement (the "Second Amended Master Confirmation", and together with the Sixth Amended Master Confirmation, the "Confirmations") with UBS . Under the Confirmations, the date that Murray Hill Funding will be required to repurchase the Class A-1 Notes and the Class A-R Notes previously sold to UBS under the UBS facility was extended from November 19, 2024 to January 15, 2025 as a bridge to the parties entering into a broader amendment to the UBS facility. No other material terms of the UBS facility were revised in connection with the Confirmations. The foregoing description of the Confirmations as set forth in this Item 1.01 is a summary only and is qualified in all respects by the provisions of such agreements, copies of which are attached hereto as Exhibits 10.1 and 10.2 and are incorporated by reference herein .

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. 10.1 Sixth Amended and Restated Master Confirmation to the Global Master Repurchase Agreement (Class A-1 Notes), dated as of November 13, 2024 , by and between Murray Hill Funding, LLC and UBS AG. 10.2 Second Amended and Restated Master Confirmation to the Global Master Repurchase Agreement (Class A-R Notes), dated as of November 13, 2024 , by and between Murray Hill Funding, LLC and UBS AG. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CON Investment Corporation Date: November 15, 2024 By: /s/ Michael A. Reisner Co-Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR