{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-226398","form_type":"8-K","ticker":"TRGP","cik":"0001389170","company_name":"Targa Resources Corp.","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.763585+00:00","generated_at":"2026-06-11T01:05:18.837692+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Targa Resources reduces accounts receivable facility to $600M, extends to Aug 2024","bullets":["Facility size decreased from $800M to $600M via Fourteenth Amendment.","Facility Termination Date extended to August 29, 2024.","Approximately $600M of trade receivable purchases outstanding as of Aug 30, 2023.","Amendment involves PNC Bank as administrator and LC bank."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-226398","json":"https://secwatch.observer/filing/0001193125-23-226398.json","markdown":"https://secwatch.observer/filing/0001193125-23-226398.md","text":"https://secwatch.observer/filing/0001193125-23-226398.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523226398/0001193125-23-226398-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523226398/d505902d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:05:18.837692+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"280cdcffe1d90a37eee515582af91c605812fe13","claim":"Targa Resources Corp. amended Fourteenth Amendment to the Receivables Purchase Agreement with PNC Bank, National Association valued at $600 million (effective 2023-08-30).","evidence_excerpt":"On August 30, 2023, Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (the “Company”), and Targa Receivables LLC, a bankruptcy-remote special purpose entity that is an indirect wholly-owned subsidiary of the Partnership (the “SPV”), entered into a Fourteenth Amendment to the Receivables Purchase Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523226398/0001193125-23-226398-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"PNC Bank, National Association"},{"label":"Value","value":"$600 million"},{"label":"Effective","value":"2023-08-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}