-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Eo2iHvyWZ7MpoMPJDhZyae0X/X7bzbplBVQm/y/mXO9CoBsbXbRa03aXHnel/dgR Vy7GWnAY5zUGTIXYFiRWyw== 0001102624-09-000042.txt : 20090211 0001102624-09-000042.hdr.sgml : 20090211 20090211144753 ACCESSION NUMBER: 0001102624-09-000042 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090210 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090211 DATE AS OF CHANGE: 20090211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KAYNE ANDERSON ENERGY DEVELOPMENT CO CENTRAL INDEX KEY: 0001363890 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 814-00725 FILM NUMBER: 09589263 BUSINESS ADDRESS: STREET 1: 1100 LOUISIANA STREET STREET 2: SUITE 4550 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-493-2000 MAIL ADDRESS: STREET 1: 1100 LOUISIANA STREET STREET 2: SUITE 4550 CITY: HOUSTON STATE: TX ZIP: 77002 8-K 1 kayne8k.htm KAYNE ANDERSON ENERGY DEVELOPMENT COMPANY 8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report: February 10, 2009
(Date of earliest event reported)

Kayne Anderson Energy Development Company
(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction
of incorporation)
814-00725
(Commission File Number)
20-4991752
(IRS Employer
Identification Number)

717 Texas Avenue, Suite 3100, Houston,TX
(Address of principal executive offices)
  77002
(Zip Code)

713-493-2020
(Registrant's telephone number, including area code)

Not Applicable
(Former Name or Former Address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

Kayne Anderson Energy Development Company Announces Its Dividend/Distribution Reinvestment Price

Item 9.01. Financial Statements and Exhibits

(a) Financial statements:
            None
(b) Pro forma financial information:
            None
(c) Shell company transactions:
            None
(d) Exhibits
            99.1       Press Release of Kayne Anderson Energy Development Company dated February 10, 2009


SIGNATURE

      Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Dated: February 11, 2009
KAYNE ANDERSON ENERGY DEVELOPMENT COMPANY

By:  /s/ David Shladovsky                    
     David Shladovsky
     Secretary and Chief Compliance Officer


Exhibit Index
Exhibit No. Description
99.1 Press Release of Kayne Anderson Energy Development Company dated February 10, 2009
EX-99 2 kayneandersonenergy.htm KAYNE ANDERSON ENERGY DEVELOPMENT COMPANY PRESS RELEASE

Kayne Anderson Energy Development Company Announces Its Dividend/Distribution Reinvestment Price

HOUSTON, TX -- (Marketwire - February 10, 2009) - (NYSE: KED) Kayne Anderson Energy Development Company (the "Company") announced today that it has satisfied the provisions under the Company's Dividend Reinvestment Plan by purchasing shares of common stock on the open market at prevailing prices, plus applicable brokerage commissions. The Company purchased shares of common stock on the open market because the Company's net asset value per share on January 22, 2009 was $15.22 per share, which was in excess of the closing market price of the Company's common stock of $11.26 per share on such date.

The Company is a non-diversified, closed-end investment company that elected to be treated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to generate both current income and capital appreciation primarily through equity and debt investments. The Company will seek to achieve this objective by investing at least 80% of its net assets together with the proceeds of any borrowings (its "total assets") in securities of companies that derive the majority of their revenue from activities in the energy industry, including: (a) Midstream Energy Companies, which are businesses that operate assets used to gather, transport, process, treat, terminal and store natural gas, natural gas liquids, propane, crude oil or refined petroleum products; (b) Upstream Energy Companies, which are businesses engaged in the exploration, extraction and production of natural resources, including natural gas, natural gas liquids and crude oil, from onshore and offshore geological reservoirs; and (c) Other Energy Companies, which are businesses engaged in owning, leasing, managing, producing, processing and sale of coal and coal reserves; the marine transportation of crude oil, refined petroleum products, liquefied natural gas, as well as other energy-related natural resources using tank vessels and bulk carriers; and refining, marketing and distributing refined energy products, such as motor gasoline and propane to retail customers and industrial end-users.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the Company's historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; energy industry risk; commodity pricing risk; leverage risk; valuation risk; non-diversification risk; interest rate risk; tax risk; and other risks discussed in the Company's filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company's investment objectives will be attained.

Contact:
KA Fund Advisors, LLC
Monique Vo
877-657-3863
http://www.kaynefunds.com/


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