CICB: CION Investment Corporation 7.50 Notes due 2029 7.5% Baby Bond
CION Investment Corporation 7.50 Notes due 2029's CICB is an exchange-traded baby bond in the Hospital & Medical Service Plans sector.
At a recent price of $24.83, CICB yields 7.55% on its $25 liquidation preference and 7.5% coupon.
It trades at a discount of 0.7% to par.
The issue is callable on or after 2026-12-30.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.