Current KML:CA Stock Info

Kinder Morgan Canada Limited (ticker: KML) and Kinder Morgan, Inc. (ticker: KMI) completed an IPO of 102,942,000 restricted voting shares of KML at a price to the public of $17.00 per share for total gross proceeds of approximately C$1.75 billion.

The company said the proceeds of the offering will be used to indirectly acquire from Kinder Morgan an approximate 30% interest in a limited partnership that holds the Canadian business of Kinder Morgan. Kinder Morgan will use the proceeds it receives to pay down debt. Closing of the offering remov...

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