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Actionable news in KMI: KINDER MORGAN Inc,

Kinder Morgan just filed a prospectus, suggesting it plans to soon issue some securities

Kinder Morgan just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We estimate that we will receive approximately $1,541 million from the sale of the depositary shares in this offering, after deducting the underwriting discount and our estimated expenses of the offering (or $1,773 million if the underwriters exercise their option to purchase additional depositary shares in full). We expect to use the net proceeds from the sale of the depositary shares to repay borrowings...


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