CION Investment Corporation reported second quarter 2026 financial results, posting net investment income of $0.29 per share and earnings per share of $0.62. Net asset value increased 3.5% to $13.57 per share, driven by mark-to-market gains in equity investments. The company reduced its funded portfolio by $90 million through sales and repayments totaling $157 million while funding $67 million in new commitments. Non-accrual assets declined to 1.44% of the fair value portfolio. CION repaid approximately $125 million in JPM Credit Facility borrowings and issued an initial tranche of notes, including $28 million in 8.00% senior unsecured notes due 2031. The Board authorized a $50 million increase to its share repurchase program, raising the total authorization to $130 million. Additionally, co-CEO officers declared monthly base distributions of $0.10 per share for October, November, and December 2026. CION Investment Corporation is a publicly listed business development company that primarily invests in senior secured loans to U.S. middle-market companies.

CĪON Investment Corporation entered into Note Purchase Agreements on July 15, 2026, to issue up to $10,000,000 in 7.50% senior unsecured notes due 2029 and up to $50,000,000 in 8.00% senior unsecured notes due 2031. An initial closing on July 15, 2026, totaled $30,000,000, consisting of $2,000,000 in 2029 Notes and $28,000,000 in 2031 Notes. The company intends to use the net proceeds to repay outstanding debt and for working capital. CĪON Investment Corporation is a business development company that provides capital to middle-market companies in the US.