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Prospect News home > News index > List of issuers K > Headlines for Kinder Morgan Energy Partners, LP > News item
Published on 7/29/2013 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P assigns BBB to Kinder Morgan Energy notes

Standard & Poor's said it assigned its BBB issue-level rating to Kinder Morgan Energy Partners LP's proposed $1.75 billion senior unsecured notes due 2019, 2024 and 2043.

The partnership intends to use net proceeds to repay commercial paper debt and for general partnership purposes, which may include the purchase of additional membership units of Copano Energy LLC and the subsequent repurchase or redemption by Copano of a portion of its outstanding notes due 2021.


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