Here's the Deal
 

Baird's Investment Banking Group is pleased to announce the following transaction:

November 2012


First Trust MLP and Energy Income Fund
Initial Public Offering
$830.0 Million


Baird served as a co-manager in this offering


First Trust MLP and Energy Income Fund (NYSE: FEI) (the “Fund”) recently completed an initial public offering of 41,500,000 shares of its common stock at a price of $20.00 per share, generating gross proceeds of $830.0 million. The Fund intends to invest the net proceeds from this offering in accordance with the Fund’s investment objective and policies.

The Fund is a newly organized, non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high total return with an emphasis on current distributions paid to common shareholders. The Fund seeks to achieve its objective by investing primarily in MLPs and MLP-related entities in the energy sector and energy utilities industries.

For additional information about this transaction, please contact:
Managing Director, Co-Head of Energy
(314) 445-6532
Managing Director, Co-Head of Energy
(314) 445-6540
Managing Director
(414) 765-3611
Vice President
(314) 445-6531
Vice President
(414) 298-2637

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