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Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Sunday, January 28, 10:04 AM

Slide #149. Kinder Morgan Preferred Stock Offering

Company: Kinder Morgan (NYSE:KMI)
Date announced: 10/27/2015
Security type: 9.75% Series A Mandatory Convertible Preferred Stock (NYSE:KMI.PRA)
Shares Offered: 32,000,000
Date of Pricing: 10/27/2015
Price Per Share: $49
Preferred Stock Offering Details: We are offering 32,000,000 depositary shares, each of which represents a 1/20th interest in a share of our 9.75% Series A Mandatory Convertible Preferred Stock, $0.01 par value per share, which we refer to in this prospectus supplement as our mandatory convertible preferred stock. The shares of mandatory convertible preferred stock will be deposited with Computershare Trust Company, N.A., as depositary, pursuant to a deposit agreement. Holders of the depositary shares will be entitled to a proportional fractional interest in the rights and preferences of the mandatory convertible preferred stock, including conversion, dividend, liquidation and voting rights, subject to the provisions of such deposit agreement.

Kinder Morgan is an energy infrastructure company in North America. Co.'s segments are: Natural Gas Pipelines, which include natural gas sales, transportation, storage, gathering, processing and treating, and the terminaling of liquified natural gas; carbon dioxide (CO2), which produces, transports, and markets CO2 to oil fields; Terminals, which includes the ownership and/or operation of liquids and bulk terminal facilities and Jones Act tankers; Products Pipelines, which includes the operation of refined petroleum products, natural gas liquids and crude oil and condensate pipelines; and Kinder Morgan Canada, which includes the ownership and operation of the Trans Mountain pipeline system.

Preferreds: EP.PRC, KMI.PRA

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Open the KMI.PRA Page at Ru Back Packer for More Information About this Preferred »

Name: Kinder Morgan Inc.
Sector: Oil & Gas Equipment & Services
Number of ETFs Holding KMI: 81 (see which ones)
Total Market Value Held by ETFs: $1,807,402,378
Total Market Capitalization: $42,744,000,000
% of Market Cap. Held by ETFs: 4.23%

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