Kinder Morgan, Inc. entered into an underwriting agreement on July 28, 2026, to sell two series of senior notes with an aggregate principal amount of $1.75 billion. The company plans to use the net proceeds for general corporate purposes, including the repayment of commercial paper borrowings and refinancing upcoming debt maturities.
Key Details
- Offering Details: The offering consists of (i) $1.15 billion of 5.550% Senior Notes due August 1, 2036, and (ii) $600 million of 6.150% Senior Notes due August 1, 2056.
- Agreement & Timeline: The underwriting agreement was dated July 28, 2026. Interest on the notes will accrue from August 6, 2026, and will be payable semi-annually beginning February 1, 2027.
- Underwriters: The representatives for the underwriters include BofA Securities, Inc., CIBC World Markets Corp., PNC Capital Markets LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC.