Davis Polk acted as special product counsel for the representatives of the several underwriters in connection with the $1.568 billion SEC-registered offering of 32,000,000 depositary shares, each representing a 1/20th interest in a share of Kinder Morgan’s new 9.75% Series A mandatory convertible preferred stock.

Kinder Morgan is an energy infrastructure and energy company headquartered in Houston, Texas.

The Davis Polk equity derivatives team included partner Ray Ibrahim and associates Barry J. Gewolb and Won Lee. Partner Lucy W. Farr and associate Lena X. Qiu provided tax advice. Members of the Davis Polk team are based in the New York and London offices.