Kayne Anderson Midstream/Energy Fund, Inc. announced that it has entered into a $100 million unsecured revolving credit facility (the ‘Credit Facility’) with a syndicate of lenders. The Credit Facility has a 364-day term, maturing on February 7, 2020. The Credit Facility replaces the Fund’s $75 million unsecured revolving credit facility that was scheduled to mature on February 15, 2019. In connection with the renewal and increased size of the Credit Facility, the Fund has terminated its $35 million term loan facility that was scheduled to mature on July 25, 2019. The interest rate on outstanding borrowings under the Credit Facility may vary between LIBOR plus 1.30% and LIBOR plus 1.95%, depending on the Fund’s asset coverage ratios. Based on the Fund’s current asset coverage ratios, the interest rate would be equal to the one-month LIBOR plus 1.30%. The Fund will pay a commitment fee of 0.20% on any unused amounts of the Credit Facility. As of February 8, 2019, the Fund had $9 million borrowings outstanding under the Credit Facility.