Dec 6 (Reuters) - Kinder Morgan Canada KML.TO on Wednesday announced a C$200 million ($157 million) offering of preferred shares to fund its Trans-Mountain pipeline expansion to west coast, and Base Line terminal project in Alberta.
The company, a unit of Houston-based Kinder Morgan Inc (NYSE:KMI) KMI.N , said it would offer 8 million shares at C$25 each. shares are being bought by a syndicate of underwriters led by CIBC Capital Markets, Scotiabank, RBC Capital Markets and TD Securities. ($1 = C$1.28)