Kayne Anderson Midstream/Energy Fund Closes Private Placement of Senior Notes

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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.
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