|Merrill Lynch, Pierce, Fenner & Smith Incorporated Attn: Prospectus Department 222 Broadway, 11 th Floor New York, NY 10038 Email: firstname.lastname@example.org||Citigroup c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: 800-831-9146 Email: email@example.com|
|UBS Investment Bank Attn: Prospectus Department 299 Park Avenue New York, NY 10171 Telephone: 888-827-7275|
Kayne Anderson MLP Investment Company (the “Company”) (NYSE: KYN) announced the pricing of a public offering of preferred stock. The Company agreed to sell 4,400,000 shares of Series F Mandatory Redeemable Preferred Shares (“Series F MRP Shares”) at a price of $25.00 per share (exclusive of 600,000 additional shares that the underwriters may purchase pursuant to a 15-day option to cover over-allotments, if any). The Series F MRP Shares pay cash dividends at a rate of 3.50% per annum and have a mandatory redemption date of April 15, 2020. The Company intends to use the net proceeds from the offering of approximately $108 million to redeem its Series D Mandatory Redeemable Preferred Shares, to make investments in portfolio companies in accordance with its investment objective and policies, to repay indebtedness, and for general corporate purposes. The offering is scheduled to close on April 3, 2013. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup and UBS Investment Bank are joint book-running managers. A copy of the prospectus supplement and base prospectus relating to the offering may be obtained from the following addresses:
Investors may also obtain these documents free of charge from the Company’s website at www.kaynefunds.com/kyn/sec-filings/ or the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov. An investor should read the Company’s preliminary prospectus supplement and the base prospectus carefully before investing. The preliminary prospectus supplement and the base prospectus contain important information about the Company and its investment objective and policies, risks, charges and expenses.