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0.00184699714013347 0.00148951382268827 0.00309818875119167 0.00530266920877018 0.0114990467111535 0.0125714966634891 0.00545162059103904 0.00566015252621538
Stock impact report

Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes [Yahoo! Finance]

Targa Resources, Inc. (TRGP) 
US:NYSE Investor Relations: ir.targaresources.com/trc/events.cfm
Company Research Source: Yahoo! Finance
the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 4.350% Senior Notes due 2029 and $1.0 billion aggregate principal amount of its 5.400% Senior Notes due 2036 at a price to the public of 99.938% and 99.920% of their face value, respectively. The Offering is expected to close on November 12, 2025, subject to the satisfaction of customary closing conditions. The Company expects to use a portion of the net proceeds from the Offering to redeem the 6.875% Senior Notes due 2029 (the “6.875% 2029 Notes”) issued by Targa Resources Partners LP and to use the remaining net proceeds for general corporate purposes, including to repay borrowings under its unsecured commercial paper note program, to repay other indebtedness, to repurchase or redeem securities or to fund capital expenditures, additions to working capital or investments in its subsidiaries. The Offering is being made pursua Show less Read more
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