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Reported Earlier, Kayne Anderson Energy Infrastructure Fund Announces $70M Notes And $30M Preferred Shares Private Placement To Refinance Debt

Benzinga ·  Aug 14 03:37

Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes and MRP Shares to be issued.

Notes / MRP
Shares
Series Amount
($ in millions)
Fixed Interest /
Dividend Rate
Maturity / Mandatory
Redemption Date
Notes Series YY $30 5.19% September 2031
Notes Series ZZ $40 5.45% September 2036
MRP Shares Series X $30 5.49% September 2029
TOTAL
$100
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