Kinder Morgan, Inc. Announces $1.75B Senior Notes Offering

What Happened

• Kinder Morgan, Inc. (KMI) announced on July 28, 2026 that it agreed to sell $1,150,000,000 of 5.550% Senior Notes due August 1, 2036 and $600,000,000 of 6.150% Senior Notes due August 1, 2056 (total $1.75 billion) under an underwriting agreement with several banks. The notes are being issued under KMI’s existing Indenture (dated March 1, 2012) and are guaranteed pursuant to the Cross Guarantee Agreement referenced in KMI’s June 30, 2026 Form 10-Q. Interest accrues from August 6, 2026 and is payable semi‑annually on February 1 and August 1, beginning February 1, 2027.

Key Details

• Offering size: $1,150,000,000 of 5.550% notes due 2036; $600,000,000 of 6.150% notes due 2056 (total $1.75B).
• Interest: semi‑annual payments Feb 1 and Aug 1; interest accrues from Aug 6, 2026; first payment Feb 1, 2027.
• Use of proceeds: general corporate purposes, including repayment of commercial paper and refinancing upcoming debt maturities.
• Legal/structural: issued under KMI’s March 1, 2012 Indenture with U.S. Bank Trust Company, N.A. as trustee; notes may be redeemed at applicable redemption prices and accelerated upon an event of default.

Why It Matters

• This raises $1.75 billion of long‑term debt for KMI, affecting the company’s capital structure and liquidity by refinancing short‑term borrowings and upcoming maturities. Investors should note the fixed interest rates and long maturities (2036 and 2056), which influence KMI’s future interest costs and interest rate exposure. The filing is procedural (an 8‑K disclosure of the underwriting agreement and terms) and does not contain forward‑looking guidance or operational results.