Initial Public Offering

Energy
Initial Public Offering

Summary

Baird served as a co-manager in this offering

About

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:

Frank Murphy (314) 445-6532
Curtis Goot (314) 445-6540
Gary Placek (414) 765-3611
Nick Alfermann (314) 445-6531
Ryan Engelhardt (414) 298-2637
Energy
Initial Public Offering
Date
November 2012
Company
First Trust MLP and Energy Income Fund
Transaction
M&A
Sectors
Energy
Target Location
North America

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