Reported Earlier, Kayne Anderson Energy Infrastructure Fund Announces $70M Notes And $30M Preferred Shares Private Placement To Refinance Debt
Author: Benzinga Newsdesk | August 14, 2024 02:37am
Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes and MRP Shares to be issued.
Notes / MRP
Shares |
Series |
Amount
($ 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 |
Posted In: KYN
