{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-274546","form_type":"8-K","ticker":"TRGP","cik":"0001389170","company_name":"Targa Resources Corp.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.832013+00:00","generated_at":"2026-06-08T06:19:17.030701+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Targa Resources prices $2B senior notes offering at 6.150% and 6.500%","bullets":["$1B of 6.150% Senior Notes due 2029 and $1B of 6.500% Senior Notes due 2034 issued.","Net proceeds used to repay $1B term loan facility; remainder for general corporate purposes.","Notes are unsecured, guaranteed by certain subsidiaries, issued under base indenture and seventh supplemental indenture."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-274546","json":"https://secwatch.observer/filing/0001193125-23-274546.json","markdown":"https://secwatch.observer/filing/0001193125-23-274546.md","text":"https://secwatch.observer/filing/0001193125-23-274546.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523274546/0001193125-23-274546-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523274546/d442813d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:19:17.030701+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":"a3a5b9c707fb68b4a7f4c8ab47a74271ba4e056f","claim":"Targa Resources Corp. incurred senior notes of $1 billion aggregate principal amount of the Company's 6.150% Senior Notes due 2029 and $1 billion aggregate principal a with U.S. Bank Trust Company, National Association at 6.150% for the 2029 Notes and 6.500% for the 2034 Notes maturing 2029 for the 2029 Notes and 2034 for the 2034 Notes.","evidence_excerpt":"On November 9, 2023, Targa Resources Corp. (the “Company”), along with certain of its subsidiaries (the “Subsidiary Guarantors”), completed the previously announced underwritten public offering (the “Offering”) of (i) $1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 (the “2029 Notes”) and (ii) $1 billion aggregate principal amount of the Company’s 6.500% Senior Notes due 2034 (the “2034 Notes” and, together with the 2029 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523274546/0001193125-23-274546-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1 billion aggregate principal amount of the Company's 6.150% Senior Notes due 2029 and $1 billion aggregate principal a"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"6.150% for the 2029 Notes and 6.500% for the 2034 Notes"},{"label":"Maturity","value":"2029 for the 2029 Notes and 2034 for the 2034 Notes"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6ce39801a8c85603c825e76f09dfeb520079b9a4","claim":"Targa Resources Corp. entered into Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 and $1 billion a (effective 2023-11-09).","evidence_excerpt":"On November 9, 2023, Targa Resources Corp. (the “Company”), along with certain of its subsidiaries (the “Subsidiary Guarantors”), completed the previously announced underwritten public offering (the “Offering”) of (i) $1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 (the “2029 Notes”) and (ii) $1 billion aggregate principal amount of the Company’s 6.500% Senior Notes due 2034 (the “2034 Notes” and, together with the 2029 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389170/000119312523274546/0001193125-23-274546-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 and $1 billion a"},{"label":"Effective","value":"2023-11-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}