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Center Coast MLP & Infrastructure Fund privately places $50 million 4.29% preferred stock
By Wendy Van Sickle
Columbus, Ohio, Sept. 23 – Center Coast MLP & Infrastructure Fund announced the completion of a $50 million private placement of 4.29% series A mandatory redeemable preferred shares on Friday.
The preferreds have a Sept. 26, 2026 redemption date.
Proceeds will be used to invest in additional master limited partnership and energy infrastructure assets, to refinance existing leverage and for general corporate purposes.
The fund’s investment adviser, Houston-based Center Coast Capital Advisors, LP, focuses on energy infrastructure investments.
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