Wednesday, December 13, 2017

Kinder Morgan Raised $4.16 Bln for Trans Mountain

Posted by June 16, 2017

Kinder Morgan Canada Ltd has raised C$5.5 billion ($4.16 billion) for its Trans Mountain pipeline expansion, the company said in a statement on Friday.
Kinder Morgan Canada, majority owned by Houston-based Kinder Morgan Inc, has entered into agreements for C$4.0 billion in revolving credit, C$1 billion in contingent credit and C$500 million in revolving working capital, the company said.

($1 = 1.3211 Canadian dollars)

(Reporting by Ethan Lou; editing by Diane Craft)

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