ClearBridge Energy MLP Fund Inc.

 

Filed Pursuant to Rule 497
Registration No. 333-178695

 

CLEARBRIDGE ENERGY MLP FUND INC.

SUPPLEMENT NO. 3 DATED JANUARY 9, 2015 TO

PROSPECTUS DATED APRIL 2, 2014

 

 

Recent developments

On January 8, 2015, ClearBridge Energy MLP Fund Inc. (the “Fund”) completed the private placement of 420 shares of Mandatory Redeemable Preferred Stock with an aggregate liquidation preference of $42 million (“MRPS”). Net proceeds from the offering will be used to make new portfolio investments and for general corporate purposes.

The table below summarizes the key terms of the MRPS.

 

           
Security   

Aggregate

Liquidation
Preferences

      Shares      Rate     Liquidation
Preference		      Maturity  
 

Mandatory Redeemable Preferred Stock

  

           

Series A

    $ 19 million         190         3.85 %    $ 100,000         1/08/21   
           

Series B

    $ 23 million         230         4.18 %    $ 100,000         1/08/23