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Kinder Morgan Canada Limited

Company Description

Kinder Morgan Canada Limited is the largest energy infrastructure company in North America. The Company owns an interest in or operate approximately 84,000 miles of pipelines and 155 terminals. Its pipelines transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and more. The Company's terminals store and handle petroleum products, chemicals and other products.

Address: Suite 2700, 300 - 5th Avenue S.W.
Calgary, Alberta, T2P 5J2
Canada
Phone Number: 403 514 6780
Fax Number: 403 514 6622
Website:
Industry: Oil & Gas - Integrated
Closing Date: Tuesday, May 30, 2017
1st Day of Trading: Tuesday, May 30, 2017
Primary Symbol: KML
Exchange: Toronto

Proceeds

The net proceeds of the offering will be used to acquire a percentage of interest if the Over-Allotment Option is exercised in full in the Business indirectly from Kinder Morgan through the indirect subscription for Class A Units of the Limited Partnership. The proceeds received from the Company will be used to repay the KMI Loans and to make a distribution to Kinder Morgan with any remaining proceeds. If the Over-Allotment Option is exercised in whole or in part, the Limited Partnership will use the proceeds received from the Company to repay all or a portion of the Acquisition Notes.

Gross Proceeds: $1,750,014,000.00
Underwrting Fees: $78,750,630.00
Expense Offering: $6,700,000.00
Net Proceeds: $1,664,563,370.00
Lead Underwriter: TD Securities Inc.
Other Underwriter(s): RBC Dominion Securities Inc.
CIBC World Markets Inc.
BMO Nesbitt Burns Inc.
Scotia Capital Inc.
National Bank Financial Inc.
J.P. Morgan Securities Canada Inc.
Merrill Lynch Canada Inc.
Credit Suisse Securities (Canada) Inc.
Barclays Capital Canada Inc.
MUFG Securities Canada, Ltd
Société Générale Capital Canada Inc.

Performance

1 day 1 week 1 month 6 months Inception
Recent Performance 0.95 % 3.11 % 3.11 % 23.22 % -12.29 %
Post IPO Performance -4.47 % -4.47 % 199.65 %