Kinder Morgan Raised $4.16 Bln for Trans Mountain

Kinder Morgan Canada Ltd has raised C$5.5 billion ($4.16 billion) for its Trans Mountain pipeline expansion, the company said in a statement on Friday.

 

Kinder Morgan Canada, majority owned by Houston-based Kinder Morgan Inc, has entered into agreements for C$4.0 billion in revolving credit, C$1 billion in contingent credit and C$500 million in revolving working capital, the company said.