Targa Resources Corp, founded in 2005 and headquartered in Houston, Texas, is a leading provider of natural gas and natural gas liquids services across the United States. The company focuses on gathering, processing, and transportation of natural gas, alongside integrating logistics and storage services that cater to the burgeoning energy market.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Targa Resources Corp began issuing bonds in 2010, establishing a presence in the fixed income market that has attracted retail investors. Notably, in 2021, the company issued $1 billion of senior unsecured notes due in 2029, marking one of its largest offerings to date, which helped refinance existing debt and support expansion initiatives. As of late 2023, Targa's bonds offer yields that are competitive within the midstream sector, with some notes featuring callable options that provide flexibility for the company in managing its capital structure.