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Kayne Anderson MLP Investment Company Enters into $150 Million Unsecured Term Loan Credit Facility

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posted:2/18/2014
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Description: HOUSTON--(EON: Enhanced Online News)--Kayne Anderson MLP Investment Company (the “Company”) (NYSE:KYN) announced today that it has entered into a $150 million unsecured term loan credit facility (the “Term Loan”) with Sumitomo Mitsui Banking Corporation. The five-year Term Loan matures on February 18, 2019, and borrowings under the Term Loan will bear interest at a rate of 3-month LIBOR plus 1.30% per annum. The Company may borrow under the Term Loan at any time until February 18, 2015, at whic
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