---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-142743"
form_type: "8-K"
ticker: "TRGP"
cik: "0001389170"
company_name: "Targa Resources Corp."
filed_at: "2025-06-18T23:59:59+00:00"
generated_at: "2026-05-19T02:39:07.286945+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Targa Resources completes $1.5B notes offering; proceeds to redeem 6.5% 2027 notes

## Summary
- Issued $750M aggregate principal of 4.900% Senior Notes due 2030 and $750M of 5.650% Senior Notes due 2036.
- Proceeds: partially redeem $1.5B of existing 6.500% Senior Notes due 2027; remainder for general corporate purposes.
- Notes are senior unsecured, fully and unconditionally guaranteed by subsidiary guarantors.
- Offering was underwritten public offering, registered under Form S-3ASR; issuance effective June 18, 2025.
- Use of proceeds includes repaying commercial paper borrowings, other indebtedness, or capital expenditures.

## SEC filing metadata
- accession: 0001193125-25-142743
- form_type: 8-K
- ticker: TRGP
- cik: 0001389170
- company_name: Targa Resources Corp.
- filed_at: 2025-06-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389170/000119312525142743/0001193125-25-142743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389170/000119312525142743/d934630d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-142743
- JSON: https://secwatch.observer/filing/0001193125-25-142743.json
- Plain text: https://secwatch.observer/filing/0001193125-25-142743.txt

## Key facts
- Debt Financings
  Targa Resources Corp. incurred senior notes of $750 million with U.S. Bank Trust Company, National Association at 5.650% maturing due 2036.
  - Instrument: senior notes
  - Principal: $750 million
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.650%
  - Maturity: due 2036
  - Event: incurrence
  source text: $750 million aggregate principal amount of the Company’s 5.650% Senior Notes due 2036
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312525142743/0001193125-25-142743-index.htm
- Debt Financings
  Targa Resources Corp. incurred senior notes of $750 million with U.S. Bank Trust Company, National Association at 4.900% maturing due 2030.
  - Instrument: senior notes
  - Principal: $750 million
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 4.900%
  - Maturity: due 2030
  - Event: incurrence
  source text: $750 million aggregate principal amount of the Company’s 4.900% Senior Notes due 2030
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312525142743/0001193125-25-142743-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.