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Fitch Affirms Kinder Morgan, Inc. and Subs. at 'BBB-'; Outlook Stable (Fitch Inc)

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(Source: Fitch Inc) 26 Oct 2015 3:08 PM GMT/UTC Fitch Ratings-New York-26 October 2015: Fitch Ratings has affirmed its 'BBB-' Issuer Default Rating (IDR) and senior unsecured ratings on Kinder Morgan, Inc. (KMI) and its subsidiaries, following KMI's announcement of its intent to issue $1.6 billion in mandatory preferred convertible securities. Additionally, Fitch has affirmed its 'F3' short-term IDR and commercial paper (CP) rating on KMI and Kinder Morgan Partners (KMP) and withdrawn KMP's short-term and CP rating. A full list of ratings actions is available at the end of this release. The Rating Outlook is Stable. The affirmations are reflective of KMI's position as one of the largest and...

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