Form 8-K KINDER MORGAN, INC. For: Oct 26
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Kinder Morgan (KMI) Ratings Affirmed by Moody's Following Conv. Preferred Issuance
October 28, 2015 10:38 AM EDTMoody's Investors Service, ("Moody's") affirmed Kinder Morgan Inc.'s (KMI) (NYSE: KMI) Baa3 senior unsecured and Prime-3 commercial paper ratings. The rating outlook remains stable. A complete list of Moody's rating actions is below. The affirmation follows KMI's announced intention to issue $1.6 billion of mandatorily convertible preferred shares, which Moody's treats as equity.
"Kinder Morgan's issuance of mandatorily convertible preferred shares will help the company achieve their year-end 2015 target leverage of 5.6X," said Terry Marshall, Moody's Senior Vice-President. "However, by mid-2016, after our standard adjustments, Moody's expects leverage will be... More
Kinder Morgan (KMI) Files Mixed Securities Shelf
October 26, 2015 11:57 AM EDTKinder Morgan (NYSE: KMI) filed a registration with the U.S. SEC to sell a mixed amount of securities.
... More