---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-277756"
form_type: "8-K"
ticker: "TRGP"
cik: "0001389170"
company_name: "Targa Resources Corp."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T20:59:39.092325+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Targa closes $1.75B debt offering; $750M 4.350% notes due 2029, $1B 5.400% notes due 2036

## Summary
- Issued $750M of 4.350% Senior Notes due 2029 and $1.0B of 5.400% Senior Notes due 2036.
- Proceeds to redeem Targa Resources Partners LP's 6.875% Senior Notes due 2029 and for general corporate purposes.
- Notes are senior unsecured obligations; fully and unconditionally guaranteed by certain subsidiary guarantors.
- Offering registered under shelf registration statement; U.S. Bank Trust Company acts as trustee.

## SEC filing metadata
- accession: 0001193125-25-277756
- form_type: 8-K
- ticker: TRGP
- cik: 0001389170
- company_name: Targa Resources Corp.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389170/000119312525277756/0001193125-25-277756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389170/000119312525277756/d741261d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-277756
- JSON: https://secwatch.observer/filing/0001193125-25-277756.json
- Plain text: https://secwatch.observer/filing/0001193125-25-277756.txt

## Key facts
- Debt Financings
  Targa Resources Corp. incurred senior notes of $1.0 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 5.400% maturing 2036.
  - Instrument: senior notes
  - Principal: $1.0 billion aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.400%
  - Maturity: 2036
  - Event: incurrence
  source text: $1.0 billion aggregate principal amount of the Company’s 5.400% Senior Notes due 2036
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312525277756/0001193125-25-277756-index.htm
- Debt Financings
  Targa Resources Corp. incurred senior notes of $750.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.350% maturing 2029.
  - Instrument: senior notes
  - Principal: $750.0 million aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 4.350%
  - Maturity: 2029
  - Event: incurrence
  source text: $750.0 million aggregate principal amount of the Company’s 4.350% Senior Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312525277756/0001193125-25-277756-index.htm

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