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 7,500,000 shares at a price of $31.51 per share (exclusive of 1,125,000 shares that the underwriters may purchase pursuant to a 45-day option to cover over-allotments). Net proceeds from the offering of approximately $226.7 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 March 5, 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

4 World Financial Center

New York, NY 10080

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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