debt
confidence high
sentiment neutral
materiality 0.30
Targa extends receivables securitization facility to August 31, 2026
Targa Resources Corp.
- Sixteenth Amendment extends facility termination date to August 31, 2026.
- Approximately $600M in trade receivable purchases outstanding as of July 28, 2025.
- Amendment involves Targa Receivables LLC, Targa Resources Partners LP, and PNC Bank.
- Facility originally dated January 10, 2013; routinely amended.