NEW YORK (

TheStreet

) -- Kinder Morgan, a refined petroleum products pipeline operator, has filed for an initial public offering with hope of raising $1.5 billion.

Kinder Morgan will not receive any proceeds from the offering, according to

filings

with the

Securities and Exchange Commission

Kinder Morgan is backed by

The Carlyle Group

and

Goldman Sachs'

(GS) - Get Report

buyout fund, which took the company private in 2007. Other existing investors selling common stock in the offering include

Highstar Capital

and

Riverstone Holdings

.

Kinder Morgan plans to list its stock on the New York Stock Exchange under the symbol, "KMI".

Goldman Sachs

and

Barclays Capital

(BCS) - Get Report

will be managing the offering, according to SEC documents.

The filing comes at a time when several private equity companies are pulling the plug on public offerings.

Harrah's Entertainment's

offering was canned last week. Harrah's is owned by

Apollo Management Group

and

Texas Pacific Group

.

--Written by Maria Woehr in New York.

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.

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