As filed with the Securities and Exchange Commission on August 18, 2017
Securities Act File No. 333-210697
Investment Company Act File No. 811-22843
United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM N-2
x Registration Statement under the Securities Act of 1933
o Pre-Effective Amendment No.
x Post-Effective Amendment No. 3
and/or
x Registration Statement under the Investment Company Act of 1940
x Amendment No. 12
CENTER COAST MLP & INFRASTRUCTURE FUND
(Exact Name of Registrant as Specified in Charter)
1600 Smith Street
Suite 3800
Houston, Texas 77002
(Address of Principal Executive Offices)
Registrant’s Telephone Number, Including Area Code: (713) 759-1400
William H. Bauch
Center Coast Capital Advisors, LP
1600 Smith Street
Suite 3800
Houston, Texas 77002
(Name and Address of Agent for Service)
Copies to:
|
Michael K. Hoffman, Esq. |
|
Kevin T. Hardy, Esq. |
|
Skadden, Arps, Slate, Meagher & Flom LLP |
|
Skadden, Arps, Slate, Meagher & Flom LLP |
|
Four Times Square |
|
155 North Wacker Drive |
|
New York, New York 10036 |
|
Chicago, Illinois 60606 |
Approximate date of proposed public offering: As soon as practicable after the effective date of this Registration Statement.
If any securities being registered on this form will be offered on a delayed or continuous basis in reliance on Rule 415 under the Securities Act of 1933, as amended, other than securities offered in connection with a dividend reinvestment plan, check the following box . . . . x
This Post-Effective Amendment will become effective immediately pursuant to Rule 462(d) under the Securities Act of 1933, as amended.
EXPLANATORY NOTE
This Post-Effective Amendment No. 3 to the Registration Statement on Form N-2 (File Nos. 333-210697 and 811-22843) of Center Coast MLP & Infrastructure Fund (the “Registration Statement”) is being filed pursuant to Rule 462(d) under the Securities Act of 1933, as amended (the “Securities Act”), solely for the purpose of filing exhibits to the Registration Statement. Accordingly, this Post-Effective Amendment No. 1 consists only of a facing page, this explanatory note and Part C of the Registration Statement on Form N-1 setting forth the exhibits to the Registration Statement. This Post-Effective Amendment No. 1 does not modify any other part of the Registration Statement. The contents of the Registration Statement are hereby incorporated by reference.
Pursuant to Rule 462(d) under the Securities Act, this Post-Effective Amendment No. 1 shall become effective immediately upon filing with the Securities and Exchange Commission.
PART C
OTHER INFORMATION
|
Item 25. |
Financial Statements And Exhibits |
(1) Financial Statements
Incorporated by reference in the Statement of Additional Information included herein are the Registrant’s audited financial statements for the fiscal year ended November 31, 2015, notes to such financial statements and the report of independent registered public accounting firm thereon, as contained in the Registrant’s Form N-CSR filed with the Securities and Exchange Commission on February 8, 2016.
(2) Exhibits
|
(a)(1) |
Amended and Restated Agreement and Declaration of Trust of Registrant(1) |
|
|
|
|
(a)(2) |
Statement of Preferences, dated September 22, 2016, relating to Series A Mandatory Redeemable Preferred Shares(8) |
|
|
|
|
(b) |
By-Laws of Registrant(1) |
|
|
|
|
(c) |
Not applicable |
|
|
|
|
(d)(1) |
Form of Subscription Certificate for Rights Offering(+) |
|
|
|
|
(d)(2) |
Form of Share Certificate, relating to Series A Mandatory Redeemable Preferred Shares(8) |
|
(e) |
Dividend Reinvestment Plan of Registrant(3) |
|
(f) |
Not applicable |
|
(g) |
Investment Advisory Agreement between Registrant and Center Coast Capital Advisors, LP (the “Advisor”)(3) |
|
(h)(i) |
Amended and Restated Distribution Agreement between Registrant and Foreside Fund Services, LLC(*) |
|
|
|
|
(h)(ii) |
Amended and Restated Sub-Placement Agent Agreement between Foreside Fund Services, LLC and UBS Securities LLC(*) |
|
|
|
|
(i) |
Not applicable |
|
(j) |
Custody Agreement between Registrant and UMB Bank, n.a., as custodian(3) |
|
(k)(i) |
Transfer Agency and Registrar Services Agreement between Registrant and by American Stock Transfer & Trust Company, LLC as transfer agent(2) |
|
|
|
|
(k)(ii) |
Administration and Fund Accounting Agreement between Registrant and UMB Fund Services, Inc., as administrator(2) |
|
(k)(iii) |
Fund Support Services Agreement between Registrant and HRC Portfolio Solutions, LLC(3) |
|
|
|
|
(k)(iv)(1) |
Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(3) |
|
|
|
|
(k)(iv)(2) |
Amendment No. 1 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(3) |
|
|
|
|
(k)(iv)(3) |
Amendment No. 2 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(3) |
|
|
|
|
(k)(iv)(4) |
Amendment No. 3 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(3) |
|
|
|
|
(k)(iv)(5) |
Amendment No. 4 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(5) |
|
|
|
|
(k)(iv)(6) |
Amendment No. 5 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(5) |
|
|
|
|
(k)(iv)(7) |
Amendment No. 6 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(5) |
|
|
|
|
(k)(iv)(8) |
Amendment No. 7 to Committed Facility Agreement between Registrant and BNP Prime Brokerage, Inc.(7) |
|
|
|
|
(k)(v) |
Account Agreement between Registrant and BNP Prime Brokerage, Inc.(3) |
|
|
|
|
(k)(vi) |
Special Custody and Pledge Agreement among Registrant, BNP Prime Brokerage, Inc. UMB Bank, n.a., as custodian(3) |
|
|
|
|
(k)(vii) |
Securities Purchase Agreement, dated September 22, 2016, relating to Series A Mandatory Redeemable Preferred Shares(8) |
|
|
|
|
(l)(i) |
Opinion and Consent of Skadden, Arps, Slate, Meagher & Flom LLP(6) |
|
|
|
|
(l)(ii) |
Opinion and Consent of Skadden, Arps, Slate, Meagher & Flom LLP(*) |
|
|
|
|
(m) |
Not applicable |
|
|
|
|
(n) |
Consent of Independent Registered Public Accounting Firm(*) |
|
|
|
|
(o) |
Not applicable |
|
|
|
|
(p) |
Initial Subscription Agreement(1) |
|
(q) |
Not applicable |
|
|
|
|
(r)(i) |
Code of Ethics of the Registrant(2) |
|
(r)(ii) |
Code of Ethics of the Advisor(3) |
|
|
|
|
(s) |
Power of Attorney(6) |
|
|
|
|
(z)(i) |
Form of Prospectus Supplement for Offering of Common Shares(3) |
|
|
|
|
(z)(ii) |
Form of Prospectus Supplement for Rights Offering(3) |
(*) Filed herewith.
(+) To be filed by further Post-Effective Amendment.
(1) Incorporated by reference to Pre-Effective Amendment No. 2 to the Registrant’s Registration Statement on Form N-2, filed on August 27, 2013 (File Nos. 333-188550 and 811-22843).
(2) Incorporated by reference to Pre-Effective Amendment No. 4 to the Registrant’s Registration Statement on Form N-2, filed on September 24, 2013 (File Nos. 333-188550 and 811-22843).
(3) Incorporated by reference to the Registrant’s Registration Statement on Form N-2, filed on December 8, 2014 (File Nos. 333-200802 and 811-22843).
(4) Incorporated by reference to Pre-Effective Amendment No. 1 to the Registrant’s Registration Statement on Form N-2, filed on February 13, 2015 (File Nos. 333-200802 and 811-22843).
(5) Incorporated by reference to Post-Effective Amendment No. 2 to the Registrant’s Registration Statement on Form N-2, filed on February 11, 2016 (File Nos. 333-200802 and 811-22843).
(6) Incorporated by reference to the Registrant’s Registration Statement on Form N-2, filed on April 11, 2016 (File Nos. 333-210697 and 811-22843).
(7) Incorporated by reference to Post-Effective Amendment No. 1 to the Registrant’s Registration Statement on Form N-2, filed on May 27, 2016 (File Nos. 333-210697 and 811-22843).
(8) Incorporated by reference to Post-Effective Amendment No. 2 to the Registrant’s Registration Statement on Form N-2, filed on February 10, 2017 (File Nos. 333-210697 and 811-22843).
|
Item 26. |
Marketing Arrangements |
The information contained under the heading “Plan of Distribution” in Part A of this Registration Statement is incorporated herein by reference and any information concerning any underwriters will be contained in the accompanying prospectus supplement, if any. Reference is also made to the Dealer Manager Agreement, Underwriting Agreement, Sales Agreement and/or Distribution Agreement incorporated herein by reference, filed herewith or to be filed by further amendment pursuant to Item 25(2)(h) above.
|
Item 27. |
Other Expenses of Issuance and Distribution |
The following table sets forth the estimated expenses to be incurred in connection with the offering described in this Registration Statement:
|
Legal Fees |
|
300,000 |
|
|
Printing Expenses |
|
100,000 |
|
|
Marketing Expenses |
|
50,000 |
|
|
NYSE Listing Fees |
|
57,647 |
|
|
SEC Registration Fees |
|
19,005 |
|
|
FINRA Fees |
|
23,500 |
|
|
Info/Subscription Agent |
|
50,000 |
|
|
Dealer Expense Reimbursement |
|
100,000 |
|
|
Accounting Fees |
|
50,000 |
|
|
Miscellaneous |
|
25,000 |
|
|
Total |
|
775,152 |
|
|
Item 28. |
Persons Controlled by or Under Common Control with Registrant |
None.
|
Item 29. |
Number of Holders of Securities |
|
Title Class |
|
Number of Record Shareholders |
|
|
|
|
|
Common shares of beneficial interest, par value $0.01 per share |
|
2 |
|
Series A Mandatory Redeemable Preferred Shares, par value $0.01 per share, liquidation preference $25,000 per share |
|
4 |
|
Item 30. |
Indemnification |
Reference is made to the Dealer Manager Agreement Underwriting Agreement, Sales Agreement and/or Distribution Agreement incorporated herein by reference, filed herewith or to be filed by further amendment.
Reference is made to Section 10 of the Investment Advisory Agreement, incorporated by reference herein. See Item 25 above.
|
Item 31. |
Business and Other Connections of the Advisor |
The Advisor, a limited partnership organized under the laws of Delaware, acts as investment advisor to the Registrant. The Registrant is fulfilling the requirement of this Item 30 to provide a list of the officers and directors of the Advisor, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by the Advisor or those officers and directors during the past two years, by incorporating by reference the information contained in the Form ADV of the Advisor filed with the commission pursuant to the Investment Advisers Act of 1940, as amended (Commission File No. 801-67957).
|
Item 32. |
Location of Accounts and Records |
The accounts and records of the Registrant are maintained in part at the offices of the Fund and the Advisor at 1600 Smith Street, Suite 3800, Houston, Texas 77002, in part at the offices of the administrator at 803 West Michigan Street, Milwaukee, Wisconsin 53233, in part at the offices of the custodian at 928 Grand Boulevard, Kansas City, Missouri 64106 and in part at the offices of the transfer agent at 59 Maiden Lane, New York, New York 10038.
|
Item 33. |
Management Services |
Not applicable.
|
Item 34. |
Undertakings |
1. Registrant undertakes to suspend the offering of shares until the prospectus is amended, if subsequent to the effective date of this registration statement, its net asset value declines more than ten percent from its net asset value as of the effective date of the registration statement or its net asset value increases to an amount greater than its net proceeds as stated in the prospectus.
2. Not applicable.
3. Not applicable.
4. Registrant undertakes:
(a) to file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(1) to include any prospectus required by Section 10(a)(3) of the Securities Act;
(2) to reflect in the prospectus any facts or events after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement;
(3) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; and
(4) if (i) it determines to conduct one or more offerings of the Fund’s common shares (including rights to purchase its common shares) at a price below its net asset value per common share at the date the offering is commenced, and (ii) such offering or offerings will result in greater
than a 15% dilution to the Fund’s net asset value per common share; however, if the Registrant files a new reviewable post-effective amendment, the threshold would be reset.
(b) that for the purpose of determining any liability under the Securities Act, each post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof;
(c) to remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering; and
(d) that, for the purpose of determining liability under the Securities Act to any purchaser, if the Registrant is subject to Rule 430C: Each prospectus filed pursuant to Rule 497(b), (c), (d) or (e) under the Securities Act as part of a registration statement relating to an offering, other than prospectuses filed in reliance on Rule 430A under the Securities Act shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
(e) that for the purpose of determining liability of the Registrant under the Securities Act to any purchaser in the initial distribution of securities:
The undersigned Registrant undertakes that in a primary offering of securities of the undersigned Registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned Registrant will be a seller to the purchaser and will be considered to offer or sell such securities to the purchaser:
(1) any preliminary prospectus or prospectus of the undersigned Registrant relating to the offering required to be filed pursuant to Rule 497 under the Securities Act.
(2) the portion of any advertisement pursuant to Rule 482 under the Securities Act relating to the offering containing material information about the undersigned Registrant or its securities provided by or on behalf of the undersigned Registrant; and
(3) any other communication that is an offer in the offering made by the undersigned Registrant to the purchaser.
5. Registrant undertakes:
(a) that, for the purpose of determining any liability under the Securities Act the information omitted from the form of prospectus filed as part of the Registration Statement in reliance upon Rule 430A and contained in the form of prospectus filed by the Registrant pursuant to Rule 497(h) will be deemed to be a part of the Registration Statement as of the time it was declared effective.
(b) that, for the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus will be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time will be deemed to be the initial bona fide offering thereof.
6. Registrant undertakes to send by first class mail or other means designed to ensure equally prompt delivery, within two business days of receipt of a written or oral request, any Statement of Additional Information constituting Part B of this Registration Statement.
Signatures
As required by the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, this Registrant’s Registration Statement has been signed on behalf of the Registrant, in the City of Houston, State of Texas, on the 18th day of August, 2017.
|
|
CENTER COAST MLP & INFRASTRUCTURE FUND | |
|
|
|
|
|
|
By: |
/s/ Dan C. Tutcher |
|
|
|
Dan C. Tutcher |
|
|
|
President, Chief Executive Officer and Trustee |
As required by the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities set forth below on the 18th day of August, 2017.
Principal Executive Officer:
|
/s/ Dan C. Tutcher |
|
Trustee, President and Chief Executive Officer |
|
Dan C. Tutcher |
|
|
|
|
|
|
|
Principal Financial Officer: |
|
|
|
|
|
|
|
|
|
|
|
/s/ William H. Bauch |
|
Chief Financial Officer and Treasurer |
|
William H. Bauch |
|
|
|
|
|
|
|
Trustees: |
|
|
|
|
|
|
|
* |
|
Trustee |
|
Michael F. Curran |
|
|
|
|
|
|
|
* |
|
Trustee |
|
James Edward Jones |
|
|
|
|
|
|
|
* |
|
Trustee |
|
Alfred J. Moran |
|
|
|
* |
Signed by William H. Bauch pursuant to a power of attorney incorporated herein by reference. |
|
By: |
/s/ William H. Bauch |
|
|
|
William H. Bauch | |
|
|
Attorney-In-Fact | |
|
|
August 18, 2017 | |
Exhibit Index
|
(h)(i) |
Amended and Restated Distribution Agreement between Registrant and Foreside Fund Services, LLC |
|
|
|
|
(h)(ii) |
Amended and Restated Sub-Placement Agent Agreement between Foreside Fund Services, LLC and UBS Securities LLC |
|
|
|
|
(l)(ii) |
Opinion and Consent of Skadden, Arps, Slate, Meagher & Flom LLP |
|
|
|
|
(n) |
Consent of Independent Registered Public Accounting Firm |