{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-039300","form_type":"8-K","ticker":"TRGP","cik":"0001389170","company_name":"Targa Resources Corp.","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.500403+00:00","generated_at":"2026-05-26T01:26:31.481173+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Targa Resources completes $2B senior notes offering; proceeds for Badlands JV buyout","bullets":["Issued $1.0B of 5.550% Senior Notes due 2035 and $1.0B of 6.125% Senior Notes due 2055.","Net proceeds to fund ~$1.8B repurchase of preferred equity in Targa Badlands LLC from JV partner.","Badlands Transaction expected to close Q1 2025, effective Jan 1 2025.","Remaining net proceeds for general corporate purposes, including repaying commercial paper borrowings.","Notes are senior unsecured, guaranteed by certain subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-039300","json":"https://secwatch.observer/filing/0001193125-25-039300.json","markdown":"https://secwatch.observer/filing/0001193125-25-039300.md","text":"https://secwatch.observer/filing/0001193125-25-039300.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389170/000119312525039300/0001193125-25-039300-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389170/000119312525039300/d154736d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T01:26:31.481173+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"}