U.S. pipeline company, Kinder Morgan Holdco, is planning to raise about $1.5 billion in an initial public offering. All the common stock in the offering of the company would be sold through Carlyle Group, Highstar Capital, Riverstone Holdings and the private-equity arm of Goldman Sachs.
Kinder Morgan, which operates Natural Gas Pipeline Company of America, will not be receiving any proceeds from the offering. The joint book-running managers for the proposed offering are Goldman and Barclays Capital.
Click here for the release from Kinder Morgan.
