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0 0 0 0 0 -0.0172658227848101 -0.0253164556962026 -0.0215189873417721
Stock impact report

CICC: A 7.50% Notes IPO From CION Investment [Seeking Alpha]

CION Investment Corporation (CION) 
Company Research Source: Seeking Alpha
Recent dividend cuts and a lower dividend coverage ratio signal increased caution for both equity and debt investors in CION. CICC appears overvalued relative to both CION's existing debt and sector peers, given its lower yield despite a weaker credit profile. I currently have no investment interest in CICC due to its unattractive risk/reward versus alternatives in the BDC baby bond space. Trade With Beta members get exclusive access to our real-world portfolio. See all our investments here » bin kontan/iStock via Getty Images Co-authored by Relative Value. Overview This is a short, informative article dedicated to a newly listed fixed-income security. We will turn our attention to the latest CION Investment Corporation ( CION ) exchange-traded debt IPO - the 7.50% Notes More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question Show less Read more
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