Kinder Morgan to Apply Trans Mountain Proceeds to Debt Reduction

Kinder Morgan to Apply Trans Mountain Proceeds to Debt Reduction

Dateline City:
HOUSTON

Announces Intention to Vote its Shares in Support of KML Board Proposals

HOUSTON–(BUSINESS WIRE)–Kinder Morgan, Inc., (NYSE: KMI) today announced its intention to vote
in favor of the Kinder Morgan Canada Limited (TSX: KML) board’s
proposals that will facilitate the distribution of approximately $2.0
billion of Trans Mountain net sale proceeds as a return of capital to
KMI; and reiterated its intention to use the proceeds to pay down debt.

Language:
English

Contact:

Kinder Morgan, Inc.
Dave Conover, (713) 420-6397
Media Relations
Newsroom@kindermorgan.com
or
Investor Relations
(800) 348-7320
km_ir@kindermorgan.com
www.kindermorgan.com

Ticker Slug:
Ticker:
KMI

Exchange:
NYSE

ISIN:
US49456B1017

Ticker:
KML

Exchange:
TSX

@Kinder_Morgan

read more

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *