% | $
Quotes you view appear here for quick access.

Kinder Morgan Energy Partners Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • purplespyderman purplespyderman Sep 14, 2012 11:28 PM Flag

    wish they would just announce the secondary

    what secondary, they recently raised capital by doing a secondary through KMR

    From news/kinder-morgan-management-announces-exercise-201800125.html

    Kinder Morgan Management Announces Exercise of Underwriters’ Option to Purchase Additional Shares

    Kinder Morgan Management, LLC (KMR) today announced that the underwriters of its recently completed public offering of 8,800,000 shares have exercised in full their option to purchase an additional 1,320,000 shares. Barclays and BofA Merrill Lynch acted as joint book-running managers, and Credit Suisse, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and UBS Investment Bank acted as co-managers for the offering. The exercise price for the additional shares is $71.85 per share, the same as the price at which the 8,800,000 shares were sold to the underwriters.