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Published on 8/4/2009 in the Prospect News PIPE Daily.

New Issue: Kansas City Southern seals $22.51 million private placement of shares

By Devika Patel

Knoxville, Tenn., Aug. 4- Kansas City Southern completed a private placement of stock for $22.51 million on July 31, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company sold 1,125,308 common shares at $20.00 per share.

The company also said it sold 4,330,208 shares at an average price of $17.32 apiece, for approximately $75 million, under its previously announced ATM equity offering sales agreement.

Based in Kansas City, Mo., the transportation holding company has railroad investments in the United States, Mexico and Panama.

Issuer:Kansas City Southern
Issue:Common shares
Amount:$22,506,160
Units:1,125,308
Price:$20.00
Warrants:No
Settlement date:July 31
Stock symbol:NYSE: KSU
Stock price:$20.31 at close July 31
Market capitalization:$2.11 billion

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