Kinder Morgan intends to sell notes in two fixed-rate tranches

By Devika Patel

Knoxville, Tenn., Feb. 22 – Kinder Morgan, Inc. is planning to sell dollar-denominated fixed-rate notes (//BBB-) in two parts, according to a 424B5 filed with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

Mizuho Securities USA Inc., MUFG and SMBC Nikko are the bookrunners. The co-managers are Barclays, BofA Merrill Lynch, J.P. Morgan Securities LLC and SunTrust Robinson Humphrey Inc.

Proceeds will be used to repay commercial paper and borrowings under the company’s revolving credit facility and for general corporate purposes.

Kinder Morgan is a Houston-based pipeline transportation and energy storage company.

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