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.

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Estimated Price
$108.0MM
Financing Type
Report Date