-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AKHNFO5P8/MiSVH1ViZb5ehqndjqEeOo6Zq6I5FXL7UQeW42dkMEu/Faa6DPEN6O f2J5zjnANePrcktaAD2qpg== 0001104659-07-048362.txt : 20070619 0001104659-07-048362.hdr.sgml : 20070619 20070618175305 ACCESSION NUMBER: 0001104659-07-048362 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070619 DATE AS OF CHANGE: 20070618 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KINDER MORGAN ENERGY PARTNERS L P CENTRAL INDEX KEY: 0000888228 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 760380342 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-141491 FILM NUMBER: 07926821 BUSINESS ADDRESS: STREET 1: 370 VAN GORDON STREET CITY: LAKEWOOD STATE: CO ZIP: 80228 BUSINESS PHONE: 3039144752 MAIL ADDRESS: STREET 1: 370 VAN GORDON STREET STREET 2: 2600 GRAND AVENUE CITY: LAKEWOOD STATE: CO ZIP: 80228-8304 FORMER COMPANY: FORMER CONFORMED NAME: ENRON LIQUIDS PIPELINE L P DATE OF NAME CHANGE: 19970304 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KINDER MORGAN ENERGY PARTNERS L P CENTRAL INDEX KEY: 0000888228 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 760380342 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 370 VAN GORDON STREET CITY: LAKEWOOD STATE: CO ZIP: 80228 BUSINESS PHONE: 3039144752 MAIL ADDRESS: STREET 1: 370 VAN GORDON STREET STREET 2: 2600 GRAND AVENUE CITY: LAKEWOOD STATE: CO ZIP: 80228-8304 FORMER COMPANY: FORMER CONFORMED NAME: ENRON LIQUIDS PIPELINE L P DATE OF NAME CHANGE: 19970304 FWP 1 a07-16772_3fwp.htm FWP

Filed Pursuant to Rule 433

Registration No. 333-141491

June 18, 2007

KINDER MORGAN ENERGY PARTNERS, L.P.
6.950% Senior Notes due 2038

Pricing Term Sheet
Relating to Preliminary Prospectus Supplement dated June 18, 2007

Issuer:

Kinder Morgan Energy Partners, L.P.

Ratings:

Baa2 (Stable)/ BBB (Stable)/ BBB (Stable)

Note type:

Senior Unsecured Notes

Distribution:

SEC Registered

Minimum denomination:

$1,000

Trade date:

June 18, 2007

Settlement date:

June 21, 2007

Maturity date:

January 15, 2038

Principal amount:

$550,000,000

Underwriting discount:

0.875%

Gross Proceeds:

$548,707,500

Net proceeds to Issuer (before expenses):

$543,895,000

Benchmark:

T 4.5% due 2/15/2036

Benchmark Yield:

5.268%

Re-offer spread:

+170 bps

Re-offer yield to maturity:

6.968%

Coupon:

6.950%

Public offering price:

99.765%

Optional Redemption:

Make whole call T+ 30 bps

Interest payment dates:

January 15 and July 15, beginning January 15, 2008

CUSIP:

494550AW6

ISIN:

US494550AW68

Joint Bookrunning Managers:

J.P. Morgan Securities Inc.
Greenwich Capital Markets, Inc.
UBS Securities LLC

Co Managers:

Banc of America Securities, LLC
Barclays Capital Inc.
Citigroup Global Markets, Inc.
Lazard Capital Markets LLC
SunTrust Capital Markets, Inc.
Wachovia Capital Markets, LLC
BNP Paribas Securities Corp.
DnB NOR Markets Inc.
HVB Capital Markets, Inc.
Natixis Securities North America Inc.

 

**********************

This term sheet is qualified in its entirety by reference to the Preliminary Prospectus Supplement referenced above. The information in this term sheet supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent inconsistent with the information in the Preliminary Prospectus Supplement.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC web site at http://www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities Inc. collect at (212) 834-3311, Greenwich Capital Markets Inc. at (888) 273-4485 or  UBS Securities LLC at (866) 884-2071.


 -----END PRIVACY-ENHANCED MESSAGE-----