CON Investment Corporation (NYSE:C) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry Into a Material Definitive Agreement.
wholly-owned financing subsidiary of CON Investment Corporation
(“CON”), entered into a thirteenth amended and restated
confirmation letter agreement (the “Thirteenth Amended and
Restated Confirmation”) governing its total return swap (the
“TRS”) with Citibank, N.A. to the Thirteenth Amended and
Restated Confirmation, the TRS termination or call date was
extended from February 18, 2017 to April 18, 2017. No other
material terms were revised in connection with the Thirteenth
Amended and Restated Confirmation.
Confirmation is a summary only and is qualified in all respects
by the provisions of the Thirteenth Amended and Restated
Confirmation, a copy of which is attached hereto as Exhibit 10.1
and incorporated by reference herein.
four weekly cash distributions of $0.014067 per share each.
Each distribution will be paid on March 29, 2017, to
shareholders of record on March 7, March 14, March 21, and
March 28, 2017. A copy of the press release announcing the
foregoing is attached hereto as Exhibit 99.1 and incorporated
by reference herein.
Thirteenth Amended and Restated Confirmation Letter
Agreement, dated as of February 18, 2017, by and
between Flatiron Funding, LLC and Citibank, N.A.
|99.1||Press Release dated February 23, 2017.|
About CĪON Investment Corporation (NYSE:C)
Citigroup Inc. (Citi) is a financial services holding company. The Company’s businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. It operates through two segments: Citicorp and Citi Holdings. Citicorp is focused on providing products and services to customers and leveraging the Company’s global network, including various economies. Global Consumer Banking (GCB) consists of Citi’s geographical consumer banking businesses that provide traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. CĪON Investment Corporation (NYSE:C) Recent Trading Information
CĪON Investment Corporation (NYSE:C) closed its last trading session 00.00 at 60.62 with 14,616,613 shares trading hands.