Kayne Anderson MLP to redeem $30 million of series E preferred shares

By Wendy Van Sickle

Columbus, Ohio, Jan. 12 – Kayne Anderson MLP Investment Co. will redeem $30 million of its series E mandatory redeemable preferred shares on Feb. 12, according to a news release.

The 1.2 million preferred shares will be redeemed at their $25.00 liquidation preference plus accrued dividends.

Kayne Anderson MLP is a Houston-based closed-end investment company focused on energy-related master limited partnerships and their affiliates.

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