UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 2
to
SCHEDULE 13E-3
RULE 13e-3 TRANSACTION STATEMENT
(Under Section 13(e) of the Securities Exchange Act of 1934)
KINDER MORGAN ENERGY PARTNERS, L.P.
(Name of the Issuer)
KINDER MORGAN, INC.
KINDER MORGAN G.P., INC.
KINDER MORGAN MANAGEMENT, LLC
P MERGER SUB LLC
RICHARD D. KINDER
(Name of Person(s) Filing Statement)
Common Units Representing Limited Partner Interests
(Title of Class of Securities)
494550106
(CUSIP Number of Class of Securities)
Kinder Morgan, Inc. Kinder Morgan Management, LLC Vice President and General Counsel 1001 Louisiana Street, Suite 1000 Houston, Texas 77002 (713) 369-9000 |
Richard D. Kinder Houston, Texas 77002 (713) 369-9000 |
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications on Behalf of Person(s) Filing Statement)
Copies to:
Gary W. Orloff |
|
Michael J. Aiello Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, New York 10153 (212) 310-8000 |
|
Joshua Davidson Tull R. Florey Baker Botts L.L.P. 910 Louisiana Street Houston, Texas 77002 (713) 229-1234 |
This statement is filed in connection with (check the appropriate box):
(a) x The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the Securities Exchange Act of 1934.
(b) x The filing of a registration statement under the Securities Act of 1933.
(c) o A tender offer.
(d) o None of the above.
Check the following box if the soliciting materials or information statement referred to in checking box (a) are preliminary copies: x
Check the following box if the filing is a final amendment reporting the results of the transaction: o
Calculation of Filing Fee
Transaction Valuation* |
|
Amount of Filing Fee** |
$24,987,143,125 |
|
$2,903,506 |
* Calculated solely for the purpose of determining the filing fee. The transaction valuation was calculated by multiplying (a) 305,952,530, the estimated maximum number of KMP common units that may be exchanged for the merger consideration, by (b) $92.44, the average of the high and low prices of the KMP common unit as reported on the New York Stock Exchange on September 26, 2014, minus $3,295,108,748, the estimated aggregate amount of cash consideration to be paid to former holders of KMP common units.
** In accordance with Rule 0-11(c)(1), the filing fee was calculated by multiplying 0.0001162 by the Transaction Valuation.
x Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and date of its filing.
Amount Previously Paid: $3,400,215
Form or Registration No.: Form S-4 (Registration No. 333-198411)
Filing Party: Kinder Morgan, Inc.
Date Filed: August 27, 2014
INTRODUCTION
This Rule 13e-3 Transaction Statement on Schedule 13E-3 (this Schedule) is being filed by (i) Kinder Morgan Energy Partners, L.P., a Delaware limited partnership (KMP), and the issuer of the common units which are the subject of the Rule 13e-3 transaction, (ii) Kinder Morgan, Inc., a Delaware corporation (KMI), (iii) Kinder Morgan G.P., Inc., a Delaware corporation (KMGP), (iv) Kinder Morgan Management, LLC, a Delaware limited liability company (KMR), and (v) P Merger Sub LLC, a Delaware limited liability company (P Merger Sub) and (vi) Richard D. Kinder. This Schedule relates to the Agreement and Plan of Merger, dated as of August 9, 2014, by and among KMP, KMI, KMGP, KMR and P Merger Sub (the KMP merger agreement).
KMI has filed with the Securities and Exchange Commission a registration statement on Form S-4 (Registration No. 333-198411) (as amended by Amendments No. 1, 2 and 3 thereto, the Form S-4), which contains a proxy statement/prospectus (the KMP proxy statement/prospectus), which constitutes (i) a prospectus of KMI under Section 5 of the Securities Act of 1933, as amended (the Securities Act), with respect to the KMI common stock to be issued pursuant to the KMP merger agreement and (ii) a notice of meeting and a proxy statement of KMP under Section 14(a) of the Securities Exchange Act of 1934, as amended (the Exchange Act), with respect to the special meeting of KMP unitholders, at which KMP unitholders will be asked to consider and vote on, among other matters, a proposal to approve the KMP merger agreement. A copy of the Form S-4 is attached hereto as Exhibit (a)(3) and a copy of the KMP merger agreement is attached as Annex A to the KMP proxy statement/prospectus. All references in this Schedule to Items numbered 1001 to 1016 are references to Items contained in Regulation M-A under the Exchange Act.
The cross references below are being supplied pursuant to General Instruction G to Schedule 13E-3 and show the location in the KMP proxy statement/prospectus of the information required to be included in response to the items of Schedule 13E-3. The information contained in the KMP proxy statement/prospectus, including all annexes thereto and documents incorporated by reference therein, is hereby expressly incorporated herein by reference. As of the date hereof, the KMP proxy statement/prospectus is in preliminary form and is subject to completion. Terms used but not defined in this Schedule shall have the meanings given to them in the KMP proxy statement/prospectus.
Item 1. Summary Term Sheet.
Regulation M-A Item 1001
The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Questions and Answers about the KMP Special Meeting and the Proposals
Item 2. Subject Company Information.
Regulation M-A Item 1002
(a) Name and Address. KMPs name and the address and telephone number of its principal executive offices are as follows:
Kinder Morgan Energy Partners, L.P.
1001 Louisiana Street, Suite 1000
Houston, Texas 77002
(713) 369-9000
(b) Securities. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetThe Transactions
Summary Term SheetKMP Special Meeting; Unitholders Entitled to Vote; Vote Required
Questions and Answers about the KMP Special Meeting and the Proposals
The KMP Special MeetingRecord Date; Outstanding Units; Units Entitled to Vote
(c) Trading Market and Price. The information set forth in the KMP proxy statement/prospectus under the caption Summary Term SheetComparative Stock and Unit Prices; Comparative Dividends and Distributions is incorporated herein by reference.
(d) Dividends. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetComparative Stock and Unit Prices; Comparative Dividends and Distributions is incorporated herein by reference.
Proposal 1: The Merger AgreementDividends and Distributions
Comparison of Rights of KMI Stockholders and KMP Unitholders
Annex AAgreement and Plan of Merger
(e) Prior Public Offerings. The information set forth in the KMP proxy statement/prospectus under the caption Where You Can Find More InformationKMPs Filings (SEC File No. 001-11234) is incorporated herein by reference.
(f) Prior Stock Purchases. The information set forth in the KMP proxy statement/prospectus under the caption Where You Can Find More InformationKMPs Filings (SEC File No. 001-11234) is incorporated herein by reference.
Item 3. Identity and Background of Filing Persons.
Regulation M-A Item 1003
(a) Name and Address. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetThe Parties to the Merger
Summary Term SheetRelationship of the Parties to the Transactions
Special FactorsRelationship of the Parties to the Transactions
Special FactorsSecurity Ownership of Certain Beneficial Owners and Management of KMP
Special FactorsDirectors and Executive Officers of KMI After the Merger
The Parties to the Merger
Where You Can Find More InformationKMIs Filings (SEC File No. 001-35081)
Where You Can Find More InformationKMPs Filings (SEC File No. 001-11234)
The name, business address and telephone number of Richard D. Kinder are as follows:
Richard D. Kinder
1001 Louisiana Street, Suite 1000
Houston, Texas 77002
(713) 369-9000
(b) Business and Background of Entities. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetThe Parties to the Merger
Summary Term SheetRelationship of the Parties to the Transactions
Special FactorsRelationship of the Parties to the Transactions
Special FactorsSecurity Ownership of Certain Beneficial Owners and Management of KMP
The Parties to the Merger
Where You Can Find More InformationKMIs Filings (SEC File No. 001-35081)
Where You Can Find More InformationKMPs Filings (SEC File No. 001-11234)
Unless stated otherwise herein or in documents incorporated by reference, none of the filing persons have been (i) convicted in a criminal proceeding during the past five years (excluding traffic violations or similar misdemeanors), or (ii) a party to any judicial or administrative proceeding during the past five years (except for matters that were dismissed without sanction or settlement) that resulted in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject to, federal or state securities laws, or a finding of any violation of federal or state securities laws.
(c) Business and Background of Natural Persons. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetRelationship of the Parties to the Transactions
Special FactorsRelationship of the Parties to the Transactions
Special FactorsSecurity Ownership of Certain Beneficial Owners and Management of KMP
Special FactorsDirectors and Executive Officers of KMI After the Merger
Where You Can Find More InformationKMIs Filings (SEC File No. 001-35081)
Where You Can Find More InformationKMPs Filings (SEC File No. 001-11234)
Unless stated otherwise herein or in documents incorporated by reference, all natural persons specified in General Instruction C to Schedule 13E-3 (i) are U.S. citizens, (ii) have not been convicted in a criminal proceeding during the past five years (excluding traffic violations or similar misdemeanors) and (iii) have not been a party to any judicial or administrative proceeding during the past five years (except for matters that were dismissed without sanction or settlement) that resulted in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject to, federal or state securities laws, or a finding of any violation of federal or state securities laws.
Item 4. Terms of the Transaction.
Regulation M-A Item 1004
(a) Material Terms. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Questions and Answers about the KMP Special Meeting and the Proposals
Special Factors
The KMP Special Meeting
Proposal 1: The Merger Agreement
Material U.S. Federal Income Tax Consequences
Comparison of Rights of KMI Stockholders and KMP Unitholders
Annex AAgreement and Plan of Merger
(c) Different Terms. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetThe Transactions
Summary Term SheetInterests of Certain Persons in the Transactions
Summary Term SheetMerger Consideration
Special FactorsKMP Unitholders Making ElectionsProration and Adjustment Procedures
Special FactorsEffects of the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Proposal 1: The Merger AgreementMerger Consideration
Annex AAgreement and Plan of Merger
(d) Appraisal Rights. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetNo Appraisal Rights
Special FactorsNo Appraisal Rights
(e) Provisions for Unaffiliated Security Holders. The information set forth in the KMP proxy statement/prospectus under the caption Where You Can Find More Information is incorporated herein by reference.
(f) Eligibility for Listing or Trading. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Special FactorsListing of KMI Common Stock
Special FactorsRestrictions on Sales of KMI Common Stock Received in the Merger
Item 5. Past Contacts, Transactions, Negotiations and Agreements.
Regulation M-A Item 1005
(a) Transactions. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsBackground of the Merger
Special FactorsRelationship of the Parties to the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Where You Can Find More InformationKMIs Filings (SEC File No. 001-35081)
Where You Can Find More InformationKMPs Filings (SEC File No. 001-33825)
(b) Significant Corporate Events. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsBackground of the Transactions
Special FactorsRelationship of the Parties to the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Proposal 1: The Merger Agreement
Annex AAgreement and Plan of Merger
(c) Negotiations or Contacts. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsEffects of the Transactions
Special FactorsBackground of the Transactions
Special FactorsRelationship of the Parties to the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Proposal 1: The Merger Agreement
Annex AAgreement and Plan of Merger
(e) Agreements Involving the Subject Companys Securities. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsEffects of the Transactions
Special FactorsBackground of the Transactions
Special FactorsRelationship of the Parties to the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsDirectors and Executive Officers of KMI After the Merger
Special FactorsOwnership of KMI After the Transactions
Proposal 1: The Merger Agreement
The Support Agreement
Description of the Debt Financing for the Transactions
Annex AAgreement and Plan of Merger
Item 6. Purposes of the Transaction and Plans or Proposals.
Regulation M-A Item 1006
(b) Use of Securities Acquired. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsEffects of the Transactions
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsDelisting and Deregistration of KMP Common Units
Proposal 1: The Merger Agreement
Annex AAgreement and Plan of Merger
(c)(1)-(8) Plans. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsEffects of the Transactions
Special FactorsBackground of the Transactions
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsDirectors and Executive Officers of KMI After the Merger
Special FactorsDelisting and Deregistration of KMP Common Units
Special FactorsOwnership of KMI After the Transactions
Description of the Debt Financing for the Transactions
Proposal 1: The Merger Agreement
Annex AAgreement and Plan of Merger
Item 7. Purposes, Alternatives, Reasons and Effects.
Regulation M-A Item 1013
(a) Purposes. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsEffects of the Transactions
Special FactorsBackground of the Transactions
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsInterests of Certain Persons in the Transactions
(b) Alternatives. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsKMI Parties Purpose and Reasons for the Transactions
(c) Reasons. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Special FactorsEffects of the Transactions
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsProjected Financial Information
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
(d) Effects. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Questions and Answers about the KMP Special Meeting and the Proposals
Special FactorsEffects of the Transactions
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsProjected Financial Information
Special FactorsKMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsDelisting and Deregistration of KMP Common Units
Material U.S. Federal Income Tax Consequences
Description of the Debt Financing for the Transactions
Proposal 1: The Merger Agreement
Comparison of Rights of KMI Stockholders and KMP Unitholders
Annex AAgreement and Plan of Merger
Item 8. Fairness of the Transaction
Regulation M-A Item 1014
(a) Fairness. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
(b) Factors Considered in Determining Fairness. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetRecommendation of the KMP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Summary Term SheetPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Summary Term SheetOpinion of Jefferies LLC
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsBackground of the Transactions
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsOpinion of Jefferies LLC
Special FactorsOpinion of Barclays Capital Inc.
Annex BOpinion of Jefferies LLC
Annex COpinion of Barclays Capital Inc.
(c) Approval and Adoption of Security Holders. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetTarget Special Meeting; Unitholders Entitled to Vote; Vote Required
Questions and Answers about the KMP Special Meeting and the Proposals
Special FactorsBackground of the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
The KMP Special MeetingRequired Vote
Annex AAgreement and Plan of Merger
(d) Unaffiliated Representative. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet Recommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Summary Term SheetOpinion of Jefferies LLC
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsOpinion of Jefferies LLC
(e) Approval of Directors. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
(f) Other Offers. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Item 9. Reports, Opinions, Appraisals and Negotiations.
Regulation M-A Item 1015
(a)-(b) Report, Opinion, or Appraisal; Preparer and Summary of the Report, Opinion or Appraisal. The presentations of Barclays Capital Inc. to (i) the Board of Directors of KMI, dated July 16, 2014, July 17, 2014 and August 9, 2014 and (ii) the Independent Members of the KMGP Board and KMR Board, respectively, each dated July 17, 2014, are attached hereto as Exhibits (c)(6)(9) and are incorporated herein by reference. The presentation of Barclays Capital Inc. to the KMP conflicts Committee and the KMR Special Committee, dated July 17, 2014 is attached hereto as Exhibit (c)(7) and is incorporated herein by reference. The presentations of Citigroup Global Markets Inc. to the Board of Directors of KMI, dated July 16, 2014 and August 9, 2014 are attached hereto as Exhibits (c)(10)(11) and are incorporated herein by reference. The presentations of Jefferies LLC to the KMP Conflicts Committee and the KMR Special Committee, dated July 30, 2014, August 7, 2014 and August 8, 2014, are attached hereto as Exhibits (c)(2)(4) and are incorporated herein by reference. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetOpinion of Barclays Capital Inc.
Special FactorsBackground of the Transactions
Special FactorsOpinion of Jefferies LLC
Special FactorsOpinion of Barclays Capital Inc.
Special FactorsFinancial Analysis of Citigroup Global Markets Inc.
Annex BOpinion of Jefferies LLC
Annex COpinion of Barclays Capital Inc.
(c) Availability of Documents. The reports, opinions or appraisals referenced in this Item 9 will be made available for inspection and copying at the principal executive offices of KMP during its regular business hours by any interested holder of KMP common units. The information set forth in the KMP proxy statement/prospectus under the following caption is incorporated herein by reference:
Special FactorsOpinion of Jefferies LLC
Item 10. Source and Amounts of Funds or Other Consideration.
Regulation M-A Item 1007
(a) Source of Funds. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetThe Transactions
Special FactorsEffects of the Transactions
Description of the Debt Financing for the Transactions
(b) Conditions. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetConditions to Completion of the Merger
Summary Term SheetRegulatory Approvals Required for the Merger
Special FactorsRegulatory Approvals Required for the Merger
The KMP Special MeetingRequired Vote
Proposal 1: The Merger AgreementConditions to Completion of the Merger
Proposal 1: The Merger AgreementRegulatory Matters
Description of the Debt Financing for the Transactions
Annex AAgreement and Plan of Merger
(c) Expenses. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetExpenses and Termination Fees Relating to the Merger
Special FactorsEstimated Fees and Expenses
The KMP Special MeetingSolicitation of Proxies
Proposal 1: The Merger AgreementTermination
Description of the Debt Financing for the Transactions
Annex AAgreement and Plan of Merger
(d) Borrowed Funds. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetThe Transactions
Special FactorsEffects of the Transactions
Description of the Debt Financing for the Transactions
Item 11. Interest in Securities of the Subject Company.
Regulation M-A Item 1008
(a) Securities Ownership. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsSecurity Ownership of Certain Beneficial Owners and Management of KMP
Special FactorsOwnership of KMI After the Transactions
(b) Securities Transactions. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Special FactorsSecurity Ownership of Certain Beneficial Owners and Management of KMP
There have been no transactions in the subject securities by the filing persons during the last 60 days.
Item 12. The Solicitation or Recommendation.
Regulation M-A Item 1012
(d) Intent to Tender or Vote in a Going-Private Transaction. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetEffects of the Transactions
Questions and Answers about the KMP Special Meeting and the Proposals
Special FactorsEffects of the Transactions
Special FactorsBackground to the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special Factorsthe KMI Parties Purpose and Reasons for the Transactions
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsSecurity Ownership of Certain Beneficial Owners and Management of KMP
The KMP Special MeetingUnit Ownership of and Voting by KMI and KMGPs and KMRs Directors and Executive Officers
(e) Recommendations of Others. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Questions and Answers about the KMP Special Meeting and the Proposals
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special Factorsthe KMI Parties Purpose and Reasons for the Transactions
The KMP Special MeetingThe KMP Conflicts Committee, KMR Board and KMGP Board Recommendation
The Support Agreement
Item 13. Financial Information.
Regulation M-A Item 1010
(a) Financial Statements. The audited financial statements set forth in KMPs Annual Report on Form 10-K for the year ended December 31, 2013 along with Exhibit 12.1 thereto, the unaudited financial statements set forth in KMPs Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2014, and June 30, 2014, and the information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetSelected Historical Consolidated Financial Data of KMP
Where You Can Find More Information
(b) Pro Forma Information. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetSelected Unaudited Pro Forma Condensed Combined Financial Information
Summary Term SheetUnaudited Comparative Per Share/Unit Information
Unaudited Pro Forma Condensed Combined Financial Statements
Where You Can Find More Information
Item 14. Persons/Assets, Retained, Employed, Compensated or Used.
Regulation M-A Item 1009
(a) Solicitations or Recommendations. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term SheetRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Questions and Answers about the Special Meeting and the Merger
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsPosition of the KMI Parties, KMP, KMGP and KMR as to the Fairness of the Merger
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsEstimated Fees and Expenses
Special FactorsKMP Unitholders Making Elections
The KMP Special MeetingSolicitation of Proxies
(b) Employees and Corporate Assets. The information set forth in the KMP proxy statement/prospectus under the following captions is incorporated herein by reference:
Summary Term Sheet
Questions and Answers about the Special Meeting and the Merger
Special FactorsBackground of the Transactions
Special FactorsRecommendation of the KMGP Conflicts Committee, the KMR Board and the KMGP Board and Their Reasons for the Merger
Special FactorsInterests of Certain Persons in the Transactions
Special FactorsEstimated Fees and Expenses
The Special MeetingSolicitation of Proxies
Item 15. Additional Information.
Regulation M-A Item 1011
(c) Other Material Information. The information contained in the KMP proxy statement/prospectus, including all annexes thereto, is incorporated herein by reference.
Item 16. Exhibits.
Regulation M-A Item 1016
(a)(1) Letter to Unitholders of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(a)(2) Notice of Special Meeting of Unitholders of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(a)(3) Proxy Statement of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(b)(1) Bridge Facility Commitment Letter, dated as of August 9, 2014, among Barclays Bank PLC, Kinder Morgan, Inc., incorporated herein by reference to Exhibit 10.2 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. with the Securities and Exchange Commission on August 12, 2014
(b)(2) Bridge Credit Agreement, dated September 19, 2014 among Kinder Morgan, Inc., as borrower, Barclays Bank PLC, as administrative agent, and the lenders party thereto, incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on September 25, 2014
(c)(1) Fairness Opinion of Jefferies LLC, dated August 9, 2014, incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(c)(2)* Presentation of Jefferies LLC to the Conflicts and Audit Committee of the Board of Directors of Kinder Morgan G.P., Inc. and the Special Committee of the Board of Directors of Kinder Morgan Management, LLC dated July 30, 2014
(c)(3)* Presentation of Jefferies LLC to the Conflicts and Audit Committee of the Board of Directors of Kinder Morgan G.P., Inc. and the Special Committee of the Board of Directors of Kinder Morgan Management, LLC dated August 7, 2014
(c)(4)* Presentation of Jefferies LLC to the Conflicts and Audit Committee of the Board of Directors of Kinder Morgan G.P., Inc. and the Special Committee of the Board of Directors of Kinder Morgan Management, LLC dated August 8, 2014
(c)(5) Fairness Opinion of Barclays Capital Inc., dated August 9, 2014, incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(c)(6)* Presentation of Barclays Capital Inc. to the Board of Directors of Kinder Morgan, Inc., dated July 16, 2014
(c)(7)* Presentation of Barclays Capital Inc. to the Independent Members of the Board of Directors of Kinder Morgan G.P., Inc. and the Independent Members of the Board of Directors of Kinder Morgan Management, LLC, dated July 17, 2014
(c)(8)* Presentation of Barclays Capital Inc. to the Independent Members of the Board of Directors of Kinder Morgan G.P., Inc. and the Independent Members of the Board of Directors of Kinder Morgan Management, LLC, dated July 17, 2014
(c)(9)* Presentation of Barclays Capital Inc. to the Board of Directors of Kinder Morgan, Inc., dated August 9, 2014
(c)(10)* Preliminary Discussion Materials of Citigroup Global Markets Inc. to the Board of Directors of Kinder Morgan, Inc., dated July 16, 2014
(c)(11)* Presentation of Citigroup Global Markets Inc. to the Board of Directors of Kinder Morgan, Inc., dated August 9, 2014
(d)(1) Agreement and Plan of Merger, dated August 9, 2014, among Kinder Morgan, Inc., Kinder Morgan Pipeline Partners, L.P., Kinder Morgan Management, LLC, incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(d)(2) Support Agreement, dated August 9, 2014, among Richard D. Kinder, Kinder Morgan Energy Partners, L.P., and the other parties thereto, incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on August 12, 2014
(f)(1) Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.1 to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2001 filed by Kinder Morgan Energy Partners, L.P. on August 9, 2001
(f)(2) Amendment No. 1 dated November 19, 2004 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on November 22, 2004
(f)(3) Amendment No. 2 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on May 5, 2005
(f)(4) Amendment No. 3 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on April 21, 2008
(f)(5) Amendment No. 4 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.5 to the Annual Report on Form 10-K for the fiscal year ended December 31, 2012 filed by Kinder Morgan Energy Partners, L.P.
(f)(6) Amendment No. 5 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.1 to the Quarterly Report on Form 10-Q filed by Kinder Morgan Energy Partners, L.P. on April 30, 2013
(f)(7)* Delaware Code Title 6 § 17-212
(g) None
(h) None
* Previously filed on August 27, 2014.
SIGNATURES
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: October 22, 2014 |
KINDER MORGAN, INC. | |
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By: |
/s/ David R. DeVeau |
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Name: |
David R. DeVeau |
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Title: |
Vice President |
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Dated: October 22, 2014 |
KINDER MORGAN ENERGY PARTNERS, L.P. | |
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By: Kinder Morgan G.P., Inc., its general partner | |
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By: Kinder Morgan Management, LLC, its delegate | |
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By: |
/s/ David R. DeVeau |
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Name: |
David R. DeVeau |
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Title: |
Vice President |
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Dated: October 22, 2014 |
KINDER MORGAN G.P., INC. | |
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By: |
/s/ David R. DeVeau |
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Name: |
David R. DeVeau |
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Title: |
Vice President |
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Dated: October 22, 2014 |
KINDER MORGAN MANAGEMENT, LLC | |
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By: |
/s/ David R. DeVeau |
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Name: |
David R. DeVeau |
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Title: |
Vice President |
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Dated: October 22, 2014 |
P MERGER SUB LLC | |
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By: |
/s/ David R. DeVeau |
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Name: |
David R. DeVeau |
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Title: |
Vice President |
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Dated: October 22, 2014 |
/s/ Richard D. Kinder | |
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RICHARD D. KINDER |
EXHIBIT INDEX
(a)(1) Letter to Unitholders of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(a)(2) Notice of Special Meeting of Unitholders of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to the KMP proxy statement/prospectus included in the Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(a)(3) Proxy Statement of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(b)(1) Bridge Facility Commitment Letter, dated as of August 9, 2014, among Barclays Bank PLC, Kinder Morgan, Inc., incorporated herein by reference to Exhibit 10.2 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. with the Securities and Exchange Commission on August 12, 2014
(b)(2) Bridge Credit Agreement, dated September 19, 2014 among Kinder Morgan, Inc., as borrower, Barclays Bank PLC, as administrative agent, and the lenders party thereto, incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on September 25, 2014
(c)(1) Fairness Opinion of Jefferies LLC, dated August 9, 2014, incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(c)(2)* Presentation of Jefferies LLC to the Conflicts and Audit Committee of the Board of Directors of Kinder Morgan G.P., Inc. and the Special Committee of the Board of Directors of Kinder Morgan Management, LLC dated July 30, 2014
(c)(3)* Presentation of Jefferies LLC to the Conflicts and Audit Committee of the Board of Directors of Kinder Morgan G.P., Inc. and the Special Committee of the Board of Directors of Kinder Morgan Management, LLC dated August 7, 2014
(c)(4)* Presentation of Jefferies LLC to the Conflicts and Audit Committee of the Board of Directors of Kinder Morgan G.P., Inc. and the Special Committee of the Board of Directors of Kinder Morgan Management, LLC dated August 8, 2014
(c)(5) Fairness Opinion of Barclays Capital Inc., dated August 9, 2014, incorporated herein by reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(c)(6)* Presentation of Barclays Capital Inc. to the Board of Directors of Kinder Morgan, Inc., dated July 16, 2014
(c)(7)* Presentation of Barclays Capital Inc. to the Independent Members of the Board of Directors of Kinder Morgan G.P., Inc. and the Independent Members of the Board of Directors of Kinder Morgan Management, LLC, dated July 17, 2014
(c)(8)* Presentation of Barclays Capital Inc. to the Independent Members of the Board of Directors of Kinder Morgan G.P., Inc. and the Independent Members of the Board of Directors of Kinder Morgan Management, LLC, dated July 17, 2014
(c)(9)* Presentation of Barclays Capital Inc. to the Board of Directors of Kinder Morgan, Inc. dated August 9, 2014
(c)(10)* Preliminary Discussion Materials of Citigroup Global Markets Inc. to the Board of Directors of Kinder Morgan, Inc., dated July 16, 2014
(c)(11)* Presentation of Citigroup Global Markets Inc. to the Board of Directors of Kinder Morgan, Inc., dated August 9, 2014
(d)(1) Agreement and Plan of Merger, dated August 9, 2014, among Kinder Morgan, Inc., Kinder Morgan Pipeline Partners, L.P., Kinder Morgan Management, LLC, incorporated herein by
reference to the KMP proxy statement/prospectus included in Amendment No. 3 to the Registration Statement on Form S-4 filed by Kinder Morgan, Inc. with the Securities and Exchange Commission on October 22, 2014
(d)(2) Support Agreement, dated August 9, 2014, among Richard D. Kinder, Kinder Morgan Energy Partners, L.P., and the other parties thereto, incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on August 12, 2014
(f)(1) Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.1 to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2001 filed by Kinder Morgan Energy Partners, L.P. on August 9, 2001
(f)(2) Amendment No. 1 dated November 19, 2004 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on November 22, 2004
(f)(3) Amendment No. 2 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on May 5, 2005
(f)(4) Amendment No. 3 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K filed by Kinder Morgan Energy Partners, L.P. on April 21, 2008
(f)(5) Amendment No. 4 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.5 to the Annual Report on Form 10-K for the fiscal year ended December 31, 2012 filed by Kinder Morgan Energy Partners, L.P.
(f)(6) Amendment No. 5 to Third Amended and Restated Agreement of Limited Partnership of Kinder Morgan Energy Partners, L.P., incorporated herein by reference to Exhibit 3.1 to the Quarterly Report on Form 10-Q filed by Kinder Morgan Energy Partners, L.P. on April 30, 2013
(f)(7)* Delaware Code Title 6 § 17-212
(g) None
(h) None
* Previously filed on August 27, 2014.