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Prospect News home > News index > List of issuers K > Headlines for Kayne Anderson Energy Infrastructure Fund, Inc. > News item |
KBRA rates Kayne fund notes AAA
KBRA said it gave AAA ratings to Kayne Anderson Energy Infrastructure Fund, Inc.’s series RR due 2032 and series SS senior notes due 2034. Each issue is for $45 million.
Additionally, the agency rated the fund’s $20 million of series T mandatory redeemable preferred shares A+.
Concurrently, KBRA affirmed the AAA ratings on the funds outstanding senior notes and A+ ratings on its outstanding preferred shares.
The fund will use the proceeds to in part to repay borrowings under a credit facility.
The outlook is stable.
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