Targa Resources Corp. Files 8-K for Material Definitive Agreement
Ticker: TRGP · Form: 8-K · Filed: Aug 9, 2024 · CIK: 1389170
| Field | Detail |
|---|---|
| Company | Targa Resources Corp. (TRGP) |
| Form Type | 8-K |
| Filed Date | Aug 9, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.0 billion, $500.0 million, $1.5 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: TRGP
TL;DR
Targa Resources (TRGP) filed an 8-K for a material definitive agreement. Watch for details on financial obligations.
AI Summary
On August 9, 2024, Targa Resources Corp. entered into a material definitive agreement related to financial obligations. The company, incorporated in Delaware with its principal executive offices at 811 Louisiana St, Suite 2100, Houston, TX, filed this 8-K report to disclose this event.
Why It Matters
This filing indicates Targa Resources Corp. has entered into a significant agreement that could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.
Key Players & Entities
- Targa Resources Corp. (company) — Registrant
- August 9, 2024 (date) — Date of earliest event reported
- 811 Louisiana St , Suite 2100 Houston , TX (location) — Business Address
- Delaware (jurisdiction) — State of incorporation
FAQ
What specific type of material definitive agreement did Targa Resources Corp. enter into?
The filing indicates an 'Entry into a Material Definitive Agreement' and 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,' but the specific details of the agreement are not provided in the header information.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 9, 2024.
What is Targa Resources Corp.'s primary business as indicated by its SIC code?
Targa Resources Corp.'s Standard Industrial Classification (SIC) code is 4922, which corresponds to NATURAL GAS TRANSMISSION.
Where are Targa Resources Corp.'s principal executive offices located?
Targa Resources Corp.'s principal executive offices are located at 811 Louisiana St, Suite 2100, Houston, TX.
What is the SEC file number for Targa Resources Corp.?
The SEC file number for Targa Resources Corp. is 001-34991.
Filing Stats: 991 words · 4 min read · ~3 pages · Grade level 9.6 · Accepted 2024-08-09 16:30:32
Key Financial Figures
- $1.0 billion — ten public offering (the "Offering") of $1.0 billion aggregate principal amount of the Compa
- $500.0 million — ch were incurred to repay the remaining $500.0 million outstanding under its prior $1.5 billio
- $1.5 billion — 0.0 million outstanding under its prior $1.5 billion unsecured term loan facility due July 2
Filing Documents
- d819820d8k.htm (8-K) — 30KB
- d819820dex42.htm (EX-4.2) — 120KB
- d819820dex51.htm (EX-5.1) — 67KB
- d819820dex52.htm (EX-5.2) — 19KB
- g819820g0808054244912.jpg (GRAPHIC) — 1KB
- g819820g0808072012409.jpg (GRAPHIC) — 2KB
- g819820g0808073219170.jpg (GRAPHIC) — 5KB
- 0001193125-24-197876.txt ( ) — 403KB
- trgp-20240809.xsd (EX-101.SCH) — 2KB
- trgp-20240809_lab.xml (EX-101.LAB) — 18KB
- trgp-20240809_pre.xml (EX-101.PRE) — 11KB
- d819820d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. 4.1 Indenture, dated as of April 6, 2022, among Targa Resources Corp., as issuer, the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee (incorporated by reference to Exhibit 4.1 to Targa Resources Corp.'s Current Report on Form 8-K filed April 6, 2022 (File No. 001-34991)). 4.2 Ninth Supplemental Indenture, dated as of August 9, 2024, among Targa Resources Corp., as issuer, the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee. 4.3 Form of Notes (included in Exhibit 4.2 hereto). 5.1 Opinion of Vinson & Elkins L.L.P. regarding the legality of the Securities. 5.2 Opinion of Hall, Estill, Hardwick, Gable, Golden & Nelson, P.C. regarding the legality of the Securities. 23.1 Consent of Vinson & Elkins L.L.P. (included in Exhibit 5.1 hereto). 23.2 Consent of Hall, Estill, Hardwick, Gable, Golden & Nelson, P.C. (included in Exhibit 5.2 hereto). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. TARGA RESOURCES CORP. Dated: August 9, 2024 By: /s/ Jennifer R. Kneale Jennifer R. Kneale President - Finance and Administration 3