Kinder Morgan Canada Ltd.

Description

Reuters reported company raised equity for its Trans Mountain Pipeline expansion, entering agreements for $3.03 billion in revolving credit, $757 million in contingent credit and $378 million in revolving working capital. Reuters said KMI prospectus listed Toronto-Dominion Bank and Royal Bank of Canada as main underwriters. In separate report, Reuters said Royal Bank of Canada, Canadian Imperial Bank of Commerce, Bank of Nova Scotia and Toronto-Dominion Bank provided nearly one-third of the credit, according to U.S. Securities and Exchange Commission filings.

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Estimated Price
CA$5,500.0MM
Financing Type
Report Date