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CION Investment Corporation (CION)

NYSE Financial Services Asset Management
$6.39 ▲ +0.08%
Market Cap
$318.2M
Sector
Financial Services
Industry
Asset Management
Beta
1.08
52-Wk Range
5.965-10.93
CEO
Michael A. Reisner
Country
US
Currency
USD

CION Investment Corporation operates as a Business Development Company (BDC) with a core focus on providing capital to middle-market businesses. It specializes in various debt instruments, including senior secured loans (such as unitranche, First Lien, and second lien loans), long-term subordinated loans, mezzanine debt, corporate bonds, and other debt securities. Additionally, the firm acquires equity interests, like warrants or options, in these target companies. CION supports diverse corporate initiatives, ranging from funding for growth and acquisitions to leveraged buyouts, market and pro…

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