Daily News: December 27, 2013

Goldman MLP Income Opportunities Fund Announces Leverage Financing

Goldman Sachs MLP Income Opportunities Fund announced that it recently closed its $395 million committed line of credit with a major U.S. financial institution. The fund recently completed its initial public offering, raising $826.3 million of equity, excluding any exercise of the underwriters’ option to purchase additional shares.

The facility allows the fund to deploy leverage while taking advantage of the current short-term rate environment.