Kayne Anderson (KYN) Commences 5M Common Offering

Article Stock Quotes (1) Comments (0)

Kayne Anderson MLP Investment Company (NYSE: KYN) announced that it has commenced a public offering of 5,000,000 shares of its common stock. The Company also intends to grant the underwriters a 45-day option to purchase up to 750,000 additional common shares to cover over-allotments, if any. Net proceeds from the offering will be used to make additional portfolio investments that are consistent with the Company’s investment objective and policies and for general corporate purposes.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Biodel (BIOD) Proposes Common Stock Offering
• Ascent Solar (ASTI) Enters $6M Private Placement Agreement
• SolarCity (SCTY) Files 2.8M Common Secondary; Elon Musk Plans Purchase

Create E-mail Alert Related Categories

Equity Offerings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?