Every 424B that Targa Resources Corp. (TRGP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow TRGP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TRGP filings page.
Targa Resources Corp. is offering $750,000,000 of 4.350% Senior Notes due April 15, 2031 and $750,000,000 of 6.050% Senior Notes due May 15, 2056. Interest is paid semi‑annually beginning October 15, 2026 for the 2031 notes and November 15, 2026 for the 2056 notes. The notes will be senior unsecured obligations, initially guaranteed on a senior unsecured basis by certain subsidiaries, and will rank equally with other unsecured senior debt and junior to secured debt to the extent of collateral value. Targa expects net proceeds of approximately $1,485.9 million and intends to use proceeds for general corporate purposes, including repayment of borrowings under its commercial paper program, other indebtedness, repurchases or redemptions, capital expenditures and investments in subsidiaries. The notes will be newly issued securities with no exchange listing and are expected to settle in book‑entry form on or about March 2, 2026 (T+3).
Targa Resources Corp. is offering two series of senior unsecured notes due 2031 and 2056 under a preliminary prospectus supplement. The notes will be senior unsecured obligations, initially guaranteed by certain subsidiaries, and may be redeemed at the company’s option subject to the redemption provisions described in the supplement.
The company expects to use net proceeds for general corporate purposes, including to repay borrowings under its Commercial Paper Program, repay other indebtedness, fund capital expenditures and fund investments in subsidiaries. Recent liquidity actions disclosed include approximately $161.0 million outstanding under the Commercial Paper Program as of December 31, 2025, subsequent borrowings of $1.357 billion, and the $1.25 billion acquisition of Stakeholder Midstream, LLC closed on January 6, 2026.
Targa Resources Corp. launched a primary offering of $750,000,000 4.350% Senior Notes due 2029 and $1,000,000,000 5.400% Senior Notes due 2036. The notes pay interest semi‑annually beginning in January 2026 and may be redeemed at Targa’s option at the prices described, with no mandatory redemption or sinking fund.
Targa expects approximately $1,738.2 million in net proceeds. A portion will be used to redeem Targa Resources Partners LP’s 6.875% Senior Notes due 2029, with the balance for general corporate purposes, including repayment of borrowings under the unsecured Commercial Paper Program, other debt repayment, securities repurchases or redemptions, and funding capital expenditures, working capital, or subsidiary investments.
The notes are senior unsecured obligations of Targa and will be fully and unconditionally guaranteed on a senior unsecured basis by certain subsidiaries. They rank equally with Targa’s existing unsecured senior debt and effectively junior to secured debt to the extent of collateral, and structurally junior to non‑guarantor subsidiary obligations. The offering is T+3 settlement, and no exchange listing is intended.
Targa Resources Corp. launched a preliminary prospectus supplement to offer new senior unsecured notes due 2029 and 2036. The company expects to use a portion of the net proceeds to redeem Targa Resources Partners’ 6.875% Senior Notes due 2029 and to use the remainder for general corporate purposes, including repayment of borrowings under its unsecured commercial paper program, other debt repayment, securities repurchases or redemptions, and capital investments.
The notes will be senior unsecured obligations, initially guaranteed on a senior unsecured basis by certain subsidiaries, with optional redemption features and no mandatory redemption or sinking fund. No exchange listing is planned. As context, as of September 30, 2025, outstanding borrowings under the Commercial Paper Program were $1.3 billion at a 4.7% weighted average rate, and the Partnership’s accounts receivable securitization facility had $600.0 million outstanding at a 5.2% weighted average rate, maturing August 31, 2026.