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Published on 7/6/2010 in the Prospect News Convertibles Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Kayne Anderson registers $500 million shelf for stock, preferreds

By Jennifer Chiou

New York, July 6 - Kayne Anderson MLP Investment Co. registered an up to $500 million shelf covering common stock and preferred stock, according to a Form N-2 filing with the Securities and Exchange Commission.

The preferreds may be structured as convertibles.

Proceeds are anticipated for the repayment of debt or for general corporate purposes.

Kayne Anderson is a Houston investment company.


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