KBRA Affirms and Assigns Ratings on Senior Notes and MRPS Issued by Kayne Anderson Energy Infrastructure Fund, Inc.
18 Sep 2024 | New York
KBRA assigns the 'AAA' rating and 'Stable' outlook to the additional Senior Notes (Series YY) with an aggregate size of $30 million and Senior Notes (Series ZZ) with an aggregate size of $40 million. Additionally, KBRA assigns the ‘A+’ rating and ‘Stable’ outlook to the additional Mandatory Redeemable Preferred Shares (Series X) with an aggregate size of $30 million. Concurrently, KBRA affirms the ‘AAA’ rating to the outstanding Senior Notes and affirms the ‘A+’ ratings to the outstanding Mandatory Redeemable Preferred Shares issued by Kayne Anderson Energy Infrastructure Fund, Inc. (the “Fund”).
The Fund is registered under the Investment Company Act of 1940 and is a closed-end investment fund managed by KA Fund Advisors, LLC. The Fund commenced operations on September 28, 2004 and its shares are listed on the New York Stock Exchange under the symbol KYN. The Fund’s investment strategy focuses on equity securities of energy infrastructure companies.
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