Targa Resources Corp. 6.15% 01-MAR-2029Targa Resources Corp. 6.15% 01-MAR-2029Targa Resources Corp. 6.15% 01-MAR-2029

Targa Resources Corp. 6.15% 01-MAR-2029

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TRGP5698893 analysis



Key facts


Issue date
Nov 9, 2023
Maturity date
Mar 1, 2029
Outstanding amount
‪1.00 B‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.15% (Fixed)
Yield to maturity
4.90%
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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