Targa Resources Corp. Secures $1.5 Billion in Senior Notes Offering to Redeem Existing Debt and Fund Corporate Initiatives

Reuters
06-19
<a href="https://laohu8.com/S/TRGP">Targa Resources Corp</a>. Secures $1.5 Billion in Senior Notes Offering to Redeem Existing Debt and Fund Corporate Initiatives

Targa Resources Corp. has successfully completed an underwritten public offering, securing $1.5 billion through the issuance of senior notes. The offering includes $750 million of 4.900% Senior Notes due 2030 and $750 million of 5.650% Senior Notes due 2036. These notes are fully and unconditionally guaranteed on a senior unsecured basis by certain subsidiaries of Targa Resources. The funds raised will be utilized to redeem existing 6.500% Senior Notes due 2027, repay borrowings, and support general corporate purposes, such as capital expenditures and investments. This move reflects Targa's strategic financial management to optimize debt and support growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Targa Resources Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-142743), on June 18, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10