Kinder Morgan Energy Partners L.P., founded in 1997 and headquartered in Houston, Texas, is one of the largest publicly traded pipeline and energy storage companies in North America. The company is primarily engaged in the transportation and storage of natural gas, refined petroleum products, and chemicals, operating an extensive network of pipelines that spans across multiple states.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kinder Morgan has a notable history of bond issuances, having first entered the public debt markets in the early 2000s to finance its expansion. One of its significant issuances occurred in 2013 when the company raised $1 billion in senior notes to fund acquisitions and project developments. Currently, its bonds often yield attractive returns compared to industry averages, reflecting strong demand, with some recent issues featuring tenors extending beyond ten years and investment-grade ratings. The company's bonds have garnered attention for their reliable income stream, supporting its strategic initiatives amidst fluctuating energy market conditions.