debt
confidence high
sentiment neutral
materiality 0.30
Targa extends AR securitization facility termination date to Aug 2025
Targa Resources Corp.
- Fifteenth Amendment to Receivables Purchase Agreement signed Aug 26, 2024.
- Facility Termination Date extended to August 29, 2025.
- Approximately $600 million of trade receivable purchases outstanding as of amendment.
- Facility continues to be serviced by Targa Resources Partners LP with PNC as administrator.