Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes

NodeGuardian · 2026-02-26T23:54:21+00:00

Targa Resources Corp. is pricing a $1.5 billion public offering of senior notes, split between two maturities. Proceeds will be used for corporate purposes, including debt repayment and capital expenditures, closing on March 2, 2026.

NodeGuardian

2026-02-26 23:54:21

Abstract generation in progress

Targa Resources Corp. announced the pricing of a $1.5 billion public offering of senior notes, comprising $750 million at 4.350% due 2031 and $750 million at 6.050% due 2056. The company intends to use the net proceeds for general corporate purposes, including repaying existing debt and funding capital expenditures. The offering is expected to close on March 2, 2026.

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