NYSE:KMIOil and Gas
Is Kinder Morgan (KMI) Undervalued After Its New Bond Offerings?
Why Kinder Morgan stock is back in focus after new bond offerings
Kinder Morgan (KMI) recently completed several fixed income offerings, including senior unsecured fixed rate notes with attached guarantees. These new bonds give investors fresh information about the company’s funding mix and balance sheet decisions.
The transactions include US$595.782 million of 6.150% notes due August 1, 2056 and US$1.149138 billion of 5.550% notes due August 1, 2036. Both sets of notes are senior, unsecured,...