
Kayne Anderson Energy Infrastructure Fund Completes Private Placement of $50 Million of Notes
GlobeNewsWire
Published: Jul 31, 2026, 05:20 AM GMT+9
Sentiment Analysis
Kayne Anderson Energy Infrastructure Fund, Inc. announced today that it completed its previously announced private placement of $50 million of senior unsecured notes (“Notes”). The Company intends to use net proceeds from the private placement to refinance existing leverage and for general corporate purposes.
The table below sets forth the key terms of the Notes issued.
Notes Series Amount ($ in millions) Fixed Interest Maturity CCC $25 5.12% July 2029 DDD $25 5.25% July 2031 TOTAL $ 50
As previously announced, the Company also entered into an agreement to issue $15 million of Series Y mandatory redeemable preferred shares (“MRP Shares”) bearing dividends at a fixed rate of 5.70% and subject to mandatory redemption in December 2031. The MRP Shares are expected to fund on October 30, 2026, subject to the satisfaction of customary closing conditions. The Notes issued in connection with this private placement will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Kayne Anderson Energy Infrastructure Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company’s most recent quarterly report for a description of these investment categories and the meaning of capitalized terms. The Company pays cash distributions to common stockholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors, including changes in portfolio holdings and market conditions.
Source: GlobeNewsWire
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