Kayne Anderson MLP Investment Co. - 2011-04-28
Description
Reached a conditional agreement with institutional investors relating to a private placement of $225 million of senior unsecured notes. Net proceeds from such offerings will be used to pay borrowings under the company's revolving credit facility, to refinance the Series G senior notes that mature in June 2011 ($75 million principal amount), to make new portfolio investments and for general corporate purposes.
Companies
Estimated Price
$225.0MM
Financing Type
Report Date