Kinder Morgan Files 8-K with Financial Updates

TL;DR

KMI filed an 8-K on 7/22 reporting financial statements and other events.

AI Summary

Kinder Morgan, Inc. filed an 8-K on July 25, 2024, reporting other events and financial statements/exhibits related to the period ending July 22, 2024. The filing includes details about their Class P common stock and A2.25% Due March 2027 Notes.

Why It Matters

This filing provides updated information on Kinder Morgan's financial status and corporate events, which is crucial for investors to assess the company's performance and future outlook.

Risk Assessment

Risk Level: low — This is a routine filing reporting financial statements and other events, not indicating any immediate significant risks.

Key Players & Entities

• KINDER MORGAN, INC. (company) — Registrant
• July 22, 2024 (date) — Earliest event reported date
• July 25, 2024 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation
• 713 - 369-9000 (phone_number) — Registrant's telephone number
• 1001 Louisiana Street, Suite 1000 Houston, Texas 77002 (address) — Principal executive offices
• Class P Member (security) — Security type
• A2.25% Due March 2027 Notes Member (security) — Security type

FAQ

Key Financial Figures

• $500,000,000 — ursuant to which KMI agreed to sell (i) $500,000,000 aggregate principal amount of KMI's 5.1
• $750,000,000 — s due 2029 (the " 2029 Notes") and (ii) $750,000,000 aggregate principal amount of 5.950% Se

Filing Documents

• kmi-20240722.htm (8-K) — 31KB
• kmi07x25x2024debtofferinge.htm (EX-1.1) — 309KB
• kmi-20240722_g1.jpg (GRAPHIC) — 17KB
• 0001506307-24-000087.txt ( ) — 604KB
• kmi-20240722.xsd (EX-101.SCH) — 3KB
• kmi-20240722_def.xml (EX-101.DEF) — 15KB
• kmi-20240722_lab.xml (EX-101.LAB) — 28KB
• kmi-20240722_pre.xml (EX-101.PRE) — 16KB
• kmi-20240722_htm.xml (XML) — 4KB

01. Other Events

Item 8.01. Other Events. On July 22, 2024, Kinder Morgan, Inc. ("KMI") entered into an underwriting agreement (the "Underwriting Agreement") with BofA Securities, Inc., BMO Capital Markets Corp., MUFG Securities Americas Inc. and RBC Capital Markets, LLC, as representatives of the several underwriters named therein, pursuant to which KMI agreed to sell (i) $500,000,000 aggregate principal amount of KMI's 5.100% Senior Notes due 2029 (the " 2029 Notes") and (ii) $750,000,000 aggregate principal amount of 5.950% Senior Notes due 2054 (the "2054 Notes" and, together with the 2029 Notes, the "Notes"). The Notes are guaranteed pursuant to a Cross Guarantee Agreement, which is described in and filed as Exhibit 10.1 to KMI's Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. The Underwriting Agreement contains customary representations and warranties by KMI. The Underwriting Agreement also contains customary indemnification and contribution provisions whereby KMI and the underwriters have agreed to indemnify each other against certain liabilities. The Notes were offered and sold under a prospectus supplement and related prospectus filed with the Securities and Exchange Commission pursuant to a shelf registration statement on Form S-3, as amended (File No. 333-275130). The Notes will be issued pursuant to an Indenture, dated as of March 1, 2012, between KMI and U.S. Bank Trust Company, National Association (successor in interest to U.S. Bank National Association), as trustee. The 2029 Notes will mature on August 1, 2029. The 2054 Notes will mature on August 1, 2054. Interest on the Notes will be payable semi-annually in arrears on February 1 and August 1 of each year, beginning on February 1, 2025. Interest on the Notes will accrue from July 31, 2024. KMI may redeem all or a part of the Notes at any time at the applicable redemption prices. Upon the occurrence of an event of default under the Indenture, which includes payment defaults, defaults in th

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Description 1.1 Underwriting Agreement, dated July 2 2 , 2024, by and among Kinder Morgan, Inc. and the underwriters party thereto. 104 Cover Page Interactive Data File pursuant to Rule 406 of Regulation S-T formatted in iXBRL (Inline Extensible Business Reporting Language). 2 S I G N A T U R E Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KINDER MORGAN, INC. Dated: July 25, 2024 By: /s/ David P. Michels David P. Michels Vice President and Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR