secwatch.observer — SEC 8-K summary
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Issuer:     Targa Resources Corp. (TRGP)
CIK:        0001389170
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0001193125-22-238889
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Targa upsizes receivables facility to $800M, extends maturity to Sept 2023
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- Facility size doubled from $400M to $800M via Thirteenth Amendment to Receivables Purchase Agreement.
- Facility Termination Date extended to September 1, 2023, from prior earlier date.
- As of September 2, 2022, approximately $400M of trade receivable purchases were outstanding.
- Amendment executed by Targa Resources Partners LP, Targa Receivables LLC, and lenders including PNC, Wells Fargo, Regions Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389170/000119312522238889/0001193125-22-238889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389170/000119312522238889/d366212d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-238889

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