The internal nodes of switched capacitor converters can be used to provide multiple pulsed width modulated voltages that, in combination with filter inductors, can extend the available dc outputs. Such converter architecture requires models that accurately predict the behaviour of switched capacitor converters operated in current output mode. Based on the well-known output impedance model, a new circuit representation is proposed for converters with multiple current-loaded outputs. A characterization methodology is developed to determine the parameters of said model. Predictions of the new model compare favorably to circuit simulations and experimental measurements