Kinder Morgan Holdco LLC - 2011-02-03


Has planned an initial public offering of 80 million shares on the New York Stock Exchange as KMI. The company plans to sell its shares for $26 to $29 each. Kinder Morgan previously filed to raise up to $1.5 billion in its IPO.

All of the common stock that will be sold in the offering will be sold by existing investors, consisting of funds advised by or affiliated with Goldman, Sachs & Co., Highstar Capital LP, The Carlyle Group and Riverstone Holdings LLC. No members of Kinder Morgan management are selling in the offering, and Kinder Morgan will not receive any proceeds from the offering.

The common stock to be offered will represent an approximately 11.3% interest in the newly named Kinder Morgan, Inc., or approximately 13% if the underwriters exercise their option to purchase additional shares of common stock in full.

Goldman, Sachs & Co. and Barclays Capital are joint book-running managers. BofA Merrill Lynch, Citi, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, Wells Fargo Securities, Madison Williams and Co., Morgan Keegan, Raymond James, RBC Capital Markets and Simmons & Co. International are co-managers.

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