Targa Resources Partners LP; Targa Resources Partners Finance Corp.
Description
Priced an upsized offering of 2032 senior unsecured notes at par. Portion of proceeds will be used to fund the concurrent cash tender offer 2025 notes, pay fees, expenses and premiums thereof, and redeem any 2025 notes that remain outstanding after consummation of the tender offer. Remaining proceeds will be used to reduce borrowings under the credit facilities.