May 24, 2017 / 7:39 PM / 3 months ago

CORRECTED-Kinder Morgan prices Canadian IPO at C$17 per share - term sheet

(Corrects the number of shares in second paragraph from 102.94 million to 79.5 million to 92.1 million)

TORONTO, May 24 (Reuters) - Kinder Morgan Inc has priced its Canadian initial public offering at C$17 per share, according to a term sheet of the deal seen by Reuters on Wednesday.

The company had marketed the offer of 79.5 million to 92.1 million shares restricted voting shares in the C$19 to C$22 per share range. Kinder Morgan is set to raise C$1.75 billion ($1.3 billion) in gross proceeds, the term sheet, which was dated May 24, showed. ($1 = 1.3422 Canadian dollars) (Reporting by John Tilak; Editing by Bill Trott)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below