(Corrects to clarify the offering was for preferred shares, removes reference to premium)
Aug 3 (Reuters) - Pipeline operator Kinder Morgan (NYSE:KMI) Canada Ltd KML.TO on Thursday announced a C$200 million ($159 million) preferred share offering for the completion of certain projects and to reduce debt.
The company said it would offer 8 million preferred shares at C$25 per share.
($1 = 1.2590 Canadian dollars)