Kayne Anderson MLP Investment Company Enters Into $150 Million Revolving Credit Facility
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN)
US:NYSE Investor Relations:
kaynefunds.com/kyn/fact-sheet
Company Research
Source: GlobeNewswire
HOUSTON, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Kayne Anderson MLP Investment Company (the “Company”) (NYSE:KYN) announced today that it has entered into a $150 million unsecured revolving credit facility (the “Credit Facility”) with a syndicate of lenders. The Credit Facility has a 364-day term, maturing on February 15, 2019. The Credit Facility replaces the Company’s $150 million unsecured revolving credit facility that was scheduled to mature on February 28, 2018. The interest rate on outstanding borrowings under the Credit Facility may vary between LIBOR plus 1.30% and LIBOR plus 1.95%, depending on the Company’s asset coverage ratios. Based on the Company’s current asset coverage ratios, the interest rate would be one-month LIBOR plus 1.30%. The Company will pay a commitment fee of 0.20% on any unused amounts of the Credit Facility. As of February 15, 2018, the Company had no borrowings under the Credit Facility. A copy of the new credit agreement is available on the Company’s webs
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News
- Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios At March 31, 2024GlobeNewswire
- Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.22 per Share for Q1 2024GlobeNewswire
- Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at February 29, 2024GlobeNewswire
- Kayne Anderson Energy Infrastructure Fund Enters Into $135 Million Revolving Credit FacilityGlobeNewswire
- Kayne Anderson Energy Infrastructure Fund Prices Private Placement of $75 Million of NotesGlobeNewswire
KYN
Sec Filings
- 2/28/24 - Form DEF
- 2/12/24 - Form N-CEN
- 2/9/24 - Form SC
- KYN's page on the SEC website