Kayne Anderson's 4.6% series G preferreds admitted to trading on NYSE

By Tali David

Minneapolis, Sept. 17 - Kayne Anderson MLP Investment Co.'s 4.6% series G mandatory redeemable preferred shares have been admitted to trading on the New York Stock Exchange, according to a notice.

The preferreds trade under the symbol "KYN PR G."

The company priced $50 million of the $25-par securities on Sept. 9.

As previously reported, BofA Merrill Lynch and Morgan Stanley & Co. LLC are the joint bookrunning managers.

The Houston-based investment firm will use the proceeds for investments related to the company's investment strategy, to repay debt and for general corporate purposes.

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