KMF

EMGA secures US$ 50M debt finance for Kazakhstan’s MFO KMF

Retrieved on: 
Tuesday, April 9, 2024

KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own.

Key Points: 
  • KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own.
  • EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are delighted to have arranged this new landmark debt facility for our long-standing client KMF.
  • MFO “KMF” disburses clients individual and group loans for the following types of activity: business, trade, crop farming and cattle-breeding, production and services and consumer lending.
  • Emerging Markets Global Advisory Limited (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital.

Kayne Anderson Announces Tax Characterization of 2023 Distributions

Retrieved on: 
Friday, January 19, 2024

It does not constitute, and should not be construed as, tax, legal, investment, or other professional advice and cannot be used or relied upon for the purpose of avoiding tax penalties.

Key Points: 
  • It does not constitute, and should not be construed as, tax, legal, investment, or other professional advice and cannot be used or relied upon for the purpose of avoiding tax penalties.
  • Investors should consult their tax adviser or legal counsel for advice and information concerning their particular situation.
  • The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

Retrieved on: 
Tuesday, November 7, 2023

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).

Key Points: 
  • HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).
  • The foregoing results are preliminary only, and final results are not expected to be available until following the closing of the merger.
  • Based on the preliminary results described above, it is expected that KMF stockholders who elected to receive Cash Consideration will be subject to proration.
  • After the final merger consideration election results are determined, the final allocation and proration of merger consideration will be calculated in accordance with the terms of the merger agreement.

Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Approval of Proposed Merger

Retrieved on: 
Wednesday, November 1, 2023

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the investment adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced that all requisite stockholder approvals have been received for the proposed merger between KYN and KMF (the “Merger”).

Key Points: 
  • HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the investment adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced that all requisite stockholder approvals have been received for the proposed merger between KYN and KMF (the “Merger”).
  • Subject to the satisfaction of customary closing conditions, the Merger is expected to close on November 13, 2023.
  • KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at October 31, 2023

Retrieved on: 
Wednesday, November 1, 2023

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Fund’s most recent quarterly or annual report.
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at September 30, 2023

Retrieved on: 
Monday, October 2, 2023

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Fund’s most recent quarterly or annual report.
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.16 per Share for Q3 2023

Retrieved on: 
Wednesday, September 20, 2023

Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.

Key Points: 
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund’s investment objective is to provide a high level of total return with an emphasis on making cash distributions to its stockholders.
  • The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of Energy Companies and Infrastructure Companies.
  • The Fund anticipates that the majority of its investments will consist of investments in ”NextGen” companies, which we define as Energy Companies and Infrastructure Companies that are meaningfully participating in, or benefitting from, the Energy Transition.

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2023

Retrieved on: 
Wednesday, September 6, 2023

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Fund’s most recent quarterly or annual report.
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at July 31, 2023

Retrieved on: 
Wednesday, August 2, 2023

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Fund’s most recent quarterly or annual report.
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Frost & Sullivan Awarded Duopharma Biotech with the 2022 Malaysian Company of the Year Award

Retrieved on: 
Thursday, July 27, 2023

SAN ANTONIO, July 27, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the Malaysian biosimilars industry and, based on its findings, recognizes Duopharma Biotech Berhad (Duopharma Biotech) with the 2022 Malaysian Company of the Year Award. Duopharma Biotech delivers accessible and affordable healthcare to the Malaysian population by leveraging biosimilars, which are scientifically approved alternatives to drugs derived from biological sources.

Key Points: 
  • Duopharma Biotech is the first pharmaceutical company to offer biosimilar products in the Malaysian market.
  • SAN ANTONIO, July 27, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the Malaysian biosimilars industry and, based on its findings, recognizes Duopharma Biotech Berhad (Duopharma Biotech) with the 2022 Malaysian Company of the Year Award .
  • Duopharma Biotech delivers accessible and affordable healthcare to the Malaysian population by leveraging biosimilars, which are scientifically approved alternatives to drugs derived from biological sources.
  • Each year, Frost & Sullivan presents a Company of the Year award to the organization demonstrating excellence in growth strategy and implementation in its field.