debt
confidence high
sentiment neutral
materiality 0.50
Kinder Morgan prices $1.25B debt offering: $500M 5.100% notes due 2029, $750M 5.950% notes due 2054
KINDER MORGAN, INC.
- Issued $500M of 5.100% Senior Notes due 2029 and $750M of 5.950% Senior Notes due 2054.
- Notes will mature August 1, 2029 and August 1, 2054, respectively; interest payable semi-annually.
- Proceeds used for general corporate purposes, including repaying commercial paper and refinancing maturities.
- Underwriters include BofA Securities, BMO Capital Markets, MUFG Securities, and RBC Capital Markets.
- Notes issued under existing indenture; may be redeemed at any time at applicable redemption prices.