About: CION Investment Corporation is a business development company. It specializes in investments in private credit investments, senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, floating rate investments, collateralized securities, structured products, unsecured debt 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 private equity, growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization investments. 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 with speculative business plans. The fund prefers to invest in retail, construction & building, high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, electricity, durable and non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, banking, finance, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $30 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt i
Sector: Financial Services
Industry: Asset Management
Latest price: $7.05 (+3.60%)
CION NYSE Cion Investment Corp
Cion Investment Corp share price
Atividade de preço de CION
Último preço
$ 7,050
Variação (24h)
0,25 USD (3,60%)
Volume
276.91K
Volume (média 4 sem.)
-
Abertura
$ 6,83
Variação do dia
$ 6,83 - $ 7,07
Fechamento anterior
$ 6,80
Último negócio
29 Oct, 6:23 pm GMT+0
Atrasado
29 Oct, 6:23 pm GMT+0
CION price performance
Atrasado
29 Oct, 6:23 pm GMT+0
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