Kayne Anderson MLP Investment Co. - 2013-03-26
Description
Priced a public offering of 4.4 million shares of preferred stock with an option to purchase 600,000 addition shares at $25 per share. Net proceeds will be used to redeem its series D MRP shares, to make investments in portfolio companies, to repay indebtedness, and for general corporate purposes. Merrill Lynch, Pierce, Fenner & Smith Inc., Citigroup, and UBS Investment Bank are joint book-running managers.
Companies
Estimated Price
$108.0MM
Financing Type
Report Date