Targa Resources Partners’ Upsized $1.5 Billion Senior Notes Offering

Vinson & Elkins advised Targa Resources Partners LP on the transaction

Targa Resources Partners LP, a subsidiary of Targa Resources Corp., and the Partnership’s subsidiary Targa Resources Partners Finance Corporation priced an upsized offering of $1.5 billion aggregate principal amount of senior unsecured notes consisting of the originally announced $750.0 million of senior unsecured notes due 2027 and an additional $750.0 million of senior unsecured notes due 2029.

Vinson & Elkins advised Targa Resources Partners LP with a team including Thomas Zentner (Picture), Dan Spelkin, Aaron Schleicher, Brittany Smith and Jordan Fossee.

Involved fees earner: Jordan Fossee – Vinson & Elkins LLP; Aaron Michael Schleicher – Vinson & Elkins LLP; Brittany Smith – Vinson & Elkins LLP; Daniel Spelkin – Vinson & Elkins LLP; Thomas Zentner – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Targa Resources Corp.;

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Author: Ambrogio Visconti