Kayne Anderson MLP Investment Enters New $200 Million Unsecured Revolving Credit Facility - Quick Facts

Posted on Friday, April 18, 2008 5:26 PM
(RTTNews) - Kayne Anderson MLP Investment Co. (KYN) on Friday said on April 15, 2008 it entered into a new $200 million unsecured revolving credit facility with the Custodial Trust Company. The facility has a 364-day commitment terminating on April 14, 2009. It may be extended for additional non-overlapping 364-day periods if mutually agreed upon by both the company and CTC. The company's previous $200 million secured revolving credit facility with CTC was uncommitted. The company currently had about $27 million outstanding under its credit facility as of April 15. For comments and feedback: contact editorial@rttnews.com
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