Client news

A&O Shearman guides underwriters on Kinder Morgan’s USD1.75 billion notes offering

A&O Shearman guides underwriters on Kinder Morgan’s USD1.75 billion notes offering
A&O Shearman represented the underwriters as joint book-running managers and representatives of the several underwriters in connection with Kinder Morgan, Inc.’s offering of USD1.15bn of 5.550% Notes due 2036 and USD600 million of its 6.150% Notes due 2056. The net proceeds from the offering are being used for general corporate purposes, including repayment of commercial paper borrowings and refinancing upcoming debt maturities.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. KMI owns an interest in or operates approximately 78,000 miles of pipelines, 136 terminals, 700 Bcf of working natural gas storage capacity and 6.9 Bcf per year of renewable natural gas generation capacity. KMI’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, carbon dioxide, renewable fuels and other products, and its terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, metals, petroleum coke, and ethanol and other renewable fuels and feedstocks.

The A&O Shearman team included partner Taylor Landry (Houston-Capital Markets), counsel Ana Aur (Toronto-Capital Markets), and associates Kazumasa Watanabe (New York-Capital Markets), Justin Higdon, and Paul Gerstle (both Houston-Capital Markets). Other lawyers involved in the transaction were partners Ken Rivlin (New York-Environmental & Sanctions), Larry Crouch (Silicon Valley-Tax), Jason Pratt (New York-Environmental & Sanctions), and Catherine Hein (Washington D.C.-Environmental & Sanctions); counsel Taylor Pugliese (New York-Financial Institutions Advisory & Financial Regulatory); and associates Daniel Kachmar (Washington D.C.-Tax), Olivia Kreft (New York-Environmental & Sanctions), and Heebum Shin (Silicon Valley-Tax).

Related capabilities