debt
confidence high
sentiment neutral
materiality 0.50
Targa Resources prices $2.0B senior notes offering (6.150% 2029, 6.500% 2034)
Targa Resources Corp.
- Issued $1.0B of 6.150% Senior Notes due 2029 and $1.0B of 6.500% Senior Notes due 2034.
- Net proceeds will repay borrowings under term loan facility and commercial paper program.
- Offering expected to close Nov. 9, 2023; priced at 99.779% and 99.949% of face value.