Copano Energy, L.L.C. (the Company) announced today that it and its
wholly owned subsidiary, Copano Energy Finance Corporation (together,
the Issuers), have satisfied and discharged their outstanding 7.75%
Senior Notes due 2018 (CUSIP No. 217203AD0) (the Notes) in accordance
with the terms and conditions of the indenture governing the Notes.
The satisfaction and discharge involves the redemption of the Notes on
June 1, 2013 (the Redemption Date) , at a redemption price of $1,038.75
per $1,000 principal amount of the Notes, plus any accrued and unpaid
interest to the Redemption Date, and the irrevocable deposit in trust by
the Issuers with U.S. Bank National Association, the trustee under the
indenture governing the Notes, of $268,863,187.50, such amount being
sufficient to pay the aggregate redemption payment on the Redemption
Date.
A notice of redemption is being sent to all currently registered holders
of the Notes by the trustee, U.S. Bank National Association. Copies of
the notice of redemption and additional information relating to the
procedure for redemption may be obtained from U.S. Bank National
Association by calling toll free 1-800-934-6802.
Payment of the redemption price will be made on or after June 1, 2013,
upon presentation and surrender of the Notes by mail to U.S. Bank,
Corporate Trust Services, P.O. Box 64111, St. Paul, MN 55164-0111 or by
hand or overnight delivery to U.S. Bank, Corporate Trust Services, 60
Livingston Ave., 1st Floor – Drop Box Window, St. Paul, MN 55107.
Interest on the Notes will cease to accrue on and after the Redemption
Date and the only remaining right of the holders thereof is to receive
the redemption payment upon surrender to U.S. Bank National Association
of the Notes.
About Copano Energy, L.L.C.
Copano Energy, L.L.C. is a midstream natural gas company with operations
in Texas, Oklahoma and Wyoming. On May 1, 2013, Kinder Morgan Energy
Partners, L.P. (NYSE: KMP) and Copano completed the previously announced
merger pursuant to which Copano became a wholly owned subsidiary of KMP.
For more information, please visit www.copano.com
or www.kindermorgan.com.
