Targa Resources ($TRGP) agrees to sell $1.5B senior notes: $750M 4.350% due 4/15/2031 and $750M 6.050% due…
Filed with the SEC on · Summarized by InvestorsBot
Targa Resources ($TRGP) agrees to sell $1.5B senior notes: $750M 4.350% due 4/15/2031 and $750M 6.050% due 5/15/2056. Underwriting agreement dated Feb 25, 2026 with MUFG, PNC, TD Securities & Wells Fargo. Interest accrues from 3/2/2026. 💵📅 #DebtOffering #Energy
Net proceeds to fund general corporate purposes — repay commercial paper/revolving debt, repay other indebtedness, repurchase/redemptions, capex, working capital, subsidiary investments. Notes guaranteed by subsidiaries; trustee U.S. Bank. ⚠️ $TRGP #FixedIncome #CorpFin