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Stock impact report

Kayne Anderson Energy Infrastructure Fund Completes Private Placement of $100 Million of Notes [Yahoo! Finance]

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 
US:NYSE Investor Relations: kaynefunds.com/kyn/fact-sheet
Company Research Source: Yahoo! Finance
Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it completed its previously announced private placement of $100 million of senior unsecured notes (“Notes”). Net proceeds from the issuance will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes issued: Notes Series Amount ($ in millions) Fixed Rate Maturity AAA October 2028 BBB October 2030 The Notes issued in connection with this private placement will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company's investment objective is to provide a high after-tax total return w Show less Read more
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