Kayne Anderson (KYN) Announces 6.7M Common Offering

Kayne Anderson MLP Investment Company (NYSE: KYN) announced that it has commenced a public offering of 6,700,000 shares of its common stock. The Company also intends to grant the underwriters a 45-day option to purchase up to 1,005,000 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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