Kayne Anderson MLP Investment Company Prices Public Follow-On Offering Of Common Stock
Kayne Anderson MLP Investment Company (the “Company”) (NYSE: KYN) announced the pricing of a public offering of common stock. The Company agreed to sell a total of 5,000,000 shares at a price of $29.75 per share (exclusive of 750,000 shares that the underwriters may purchase pursuant to a 45-day option to cover over-allotments). Net proceeds from the offering of approximately $142.8 million will be used to make additional portfolio investments that are consistent with the Company’s investment objective and policies and for general corporate purposes. The offering is scheduled to close on August 8, 2012.
Citigroup, BofA Merrill Lynch, Morgan Stanley, UBS Investment Bank and Wells Fargo Securities are acting as joint book-running managers. A copy of the prospectus supplement and the base prospectus relating to the offering may be obtained from the following addresses:
| Citigroup Attn: Prospectus Department Brooklyn Army Terminal 140 58th Street, 8th Floor Brooklyn, NY 11220 Telephone: 800-831-9146 Email: batprospectusdept@citi.com | BofA Merrill Lynch Attn: Prospectus Department 222 Broadway, 7th Floor New York, NY 10038 Email: dg.prospectus_requests@baml.com | |||
| Morgan Stanley Attn: Prospectus Department 180 Varick Street, 2nd Floor New York, NY 10014 Email: prospectus@morganstanley.com Telephone: 866-718-1649 | UBS Investment Bank Attn: Prospectus Department 299 Park Avenue New York, NY 10171 Telephone: 888-827-7275 | |||
| Wells Fargo SecuritiesAttention: Equity Syndicate Dept.375 Park AveNew York, NY 10152Telephone: 800-326-5897Email: cmclientsupport@wellsfargo.com |
Investors may also obtain these documents free of charge from the Company’s website at www.kaynefunds.com/kye/sec-filings/ or the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
An investor should read the Company’s prospectus supplement and the base prospectus carefully before investing. The prospectus supplement and the base prospectus contain important information about the Company and its investment objective and policies, risks, charges and expenses.
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