Tuesday, October 24, 2017

Kinder Morgan Canada Launches Share Offering

Posted by August 3, 2017

Pipeline operator Kinder Morgan Canada Ltd on Thursday announced a C$200 million ($159 million) share offering for the completion of certain projects and to reduce debt.

The company said it would offer 8 million shares at C$25 per share, which represents a 37.7 percent premium to the stock's Wednesday close.
 
(Reporting by Ahmed Farhatha in Bengaluru)
 
 

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