Targa Resources Corp. 4.95% 15-APR-2052Targa Resources Corp. 4.95% 15-APR-2052Targa Resources Corp. 4.95% 15-APR-2052

Targa Resources Corp. 4.95% 15-APR-2052

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Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.95% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.67%
Maturity date
Apr 15, 2052
Term to maturity
27 years

About Targa Resources Corp. 4.95% 15-APR-2052


Sector
Utilities
Industry
Gas Distributors
Issue date
Apr 6, 2022
FIGI
BBG0169RHB12
Targa Resources Corp. engages in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas. It operates through the following segments: Gathering and Processing, and Logistics and Transportation, and Other. The Gathering and Processing segment includes assets used in the gathering, and purchase and sale of natural gas produced from oil and gas wells. The Logistics and Transportation segment refers to the activities and assets necessary to convert mixed natural gas liquids (NGLs) into NGL products. The Other contains the results of commodity derivative activity mark-to-market gains and losses related to derivative contracts. The company was founded on October 27, 2005 and is headquartered in Houston, TX.
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