Kinder Morgan Partners launches $1 bln of debt

NEW YORK, May 12 (BestGrowthStock) – Kinder Morgan Partners on
Wednesday launched $1 billion of debt in a two part sale, said
IFR, a Thomson Reuters service.

The offering includes $600 million of 10-year notes
expecting to yield 175 basis points over comparable U.S.
Treasuries and $400 million of 30-year bonds expecting to yield
210 basis points more than U.S. Treasuries, according to IFR.

The book running managers on the sale are Deutsche Bank,
RBS and Wells Fargo.

Stock Basics
(Reporting by Caryn Trokie)

Kinder Morgan Partners launches $1 bln of debt