CICB
CION Investment Corporation 7.50 Notes due 2029 (CICB)
NYSE • $25.01+0.20%
- Symbol
- CICB
- Exchange
- NYSE
- Sector
- Industry
- Price
- $25.01
- Daily Change
- +0.20%
- Market Cap
- N/A
- Trailing P/E
- N/A
- Forward P/E
- N/A
- 52W High
- $26.00
- 52W Low
- $24.41
- Analyst Target
- N/A
- Dividend Yield
- N/A
- Beta
- 1.14
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies wi…
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