Kayne Anderson (KYN) Commences 5M Common Offering
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.
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