Kinder Morgan Inc. | 9.75% Series A Mandatory Convertible Preferred Stock (KMI.PRA)
Prospectus excerpt: 32,000,000 Depositary Shares, each of which represents a 1/20th interest in a share of the Issuer?s 9.75% Series A Mandatory Convertible Preferred Stock (the ÙMandatory Convertible Preferred Stockˆ). At settlement of the Offering, the Issuer will issue 1,600,000 shares of Mandatory Convertible Preferred Stock, subject to the underwriters? option to purchase additional Depositary Shares, solely to cover over-allotments.
Kinder Morgan is an energy infrastructure company. Co.'s segments are: Natural Gas Pipelines, which owns and operates main interstate and intrastate natural gas pipeline and storage systems, among others; Products Pipelines, which owns and operates refined petroleum products, crude oil and condensate pipelines; Terminals, which owns and/or operates liquids and bulk terminal facilities; and Carbon Dioxide (CO2), which produces, transports and markets CO2, owns and/or operates oil fields and gasoline processing plants in West Texas, owns and operates a crude oil pipeline system in West Texas, and owns and operates renewable natural gas and liquefied natural gas facilities in Indiana.
Kinder Morgan Inc. | 9.75% Series A Mandatory Convertible Preferred Stock (KMI.PRA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com
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