{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-035212","form_type":"8-K","ticker":"TRGP","cik":"0001389170","company_name":"Targa Resources Corp.","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.500207+00:00","generated_at":"2026-05-26T04:39:31.061250+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Targa Resources prices $2.0B senior notes offering to fund Badlands buyout and general purposes","bullets":["$1.0B 5.550% Senior Notes due 2035 priced at 99.610% of face value.","$1.0B 6.125% Senior Notes due 2055 priced at 99.781% of face value.","Net proceeds to fund ~$1.8B buyout of JV partner's preferred equity in Targa Badlands LLC (ND assets), expected Q1 2025.","Remaining proceeds for general corporate purposes, including repaying commercial paper program borrowings.","Offering expected to close Feb 27, 2025; closing not contingent on the Badlands Transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-035212","json":"https://secwatch.observer/filing/0001193125-25-035212.json","markdown":"https://secwatch.observer/filing/0001193125-25-035212.md","text":"https://secwatch.observer/filing/0001193125-25-035212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389170/000119312525035212/0001193125-25-035212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389170/000119312525035212/d921171d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:39:31.061250+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}