Loading...
Loading...
Kayne Anderson Midstream Energy Fund
KMF announced today that it has closed a private placement of $40 million of senior unsecured notes (the “Senior Notes”). Net proceeds from the offering will be used to make new portfolio investments, to repay borrowings under the Fund's credit facility and for general corporate purposes.
The table below sets forth the key terms of the Senior Notes:
Security Amount
($ in millions) Rate Maturity
Series D Senior Notes $40 3.34% 5/1/2023
The Senior Notes 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in