Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes

Vinson & Elkins advised Targa Resources Corp. in connection with pricing an underwritten public offering (the “Offering”) of $900 million aggregate principal amount of its 6.125% senior notes due 2033 and $850 million aggregate principal amount of its 6.500% senior notes due 2053 at a price to the public of 99.858% and 97.843%, respectively, of their face value.

The Offering is expected to close on January 9, 2023.

The Vinson & Elkins corporate team was led by partners Thomas Zentner, David Stone and Stancell Haigwood, with assistance from partner Benji Barron and associates Nate Richards, John Frey, Matthew Rando and Zac Horne. Also advising were senior associate Caitlin Turner and associate Taylor Daily; partners Jim Meyer, Ryan Carney and Brian Russell and associate Steve Campbell; and counsel Lindsay Hall and associate Simon Willis.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

For more information, please speak with our media contacts.