I heard some news about cion recently and I'm wondering if they are planning to go public. I'm trying to find out more information about their potential IPO and what it could mean for investors.
7 answers
Carolina
Sun Oct 27 2024
The net proceeds from this offering will be utilized for a specific purpose.
CherryBlossomGrace
Sun Oct 27 2024
CION Investment plans to use the money to pay down borrowings.
Giulia
Sun Oct 27 2024
CION Investment has recently priced a public offering of unsecured notes.
LucyStone
Sun Oct 27 2024
These borrowings are under its senior secured credit facility.
Caterina
Sun Oct 27 2024
The offering amounts to $150.0 million and is due in 2029.