Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that it has priced the sale of 8,000,000 of its 4.375 percent Series B Mandatory Redeemable Preferred (MRP B) Shares at $10.00 per share. The company estimates that its net proceeds from this offering, after expenses, will be approximately $78 million. The company intends to use the net proceeds of this offering to redeem all $73 million of its outstanding 6.25 percent Series A Mandatory Redeemable Preferred Shares. The company also may use net proceeds from this offering to retire a portion of its short-term debt outstanding under its credit facility, to invest in energy infrastructure companies in accordance with its investment objective and policies or for working capital purposes. The MRP B Shares are expected to trade on the New York Stock Exchange (NYSE) within 30 days of original issuance under the symbol "TYG Pr B." The MRP B Shares are expected to be rated "AA" by Fitch Ratings. The MRP B Shares have a fixed dividend rate of 4.375 percent with a mandatory redemption on Dec. 31, 2027. BofA Merrill Lynch and Wells Fargo Securities acted as joint book-running managers for the offering. The offering is made pursuant to an existing effective shelf registration statement on Form N-2 previously filed with the Securities and Exchange Commission. The offering of these securities will be made only by means of a prospectus. A copy of the prospectus supplement and prospectus relating to the offering may be obtained from: Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, New York, New York 10038, Attention: Prospectus Department, Toll-free: 1-800-294-1322, E-mail: firstname.lastname@example.org and Wells Fargo Securities, LLC,1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262, Attn: Capital Markets Client Support, calling toll-free 1-800-326-5897 or emailing: email@example.com. About Tortoise Energy Infrastructure Corp. Tortoise Energy Infrastructure Corp. owns a portfolio of master limited partnership investments in the energy infrastructure sector. Tortoise Energy Infrastructure Corp.’s goal is to provide its stockholders a high level of total return with an emphasis on current distributions.