Targa Resources Partners LP (TRGP) 2018-1

USD1,000.0008Apr-26Sr. UnsecuredBa3BB--FixedYLD-5.75-6.00%-5.88%-100.00000
Tranche Comments
8 yr: First Pay: 2018-10-15; Redemption: 2021-04-15; Registration: 144A/Reg S; Comments: Upsized to USD1bn from (USD750m) 8yr Fxd. snr unsec 144A/Reg S w/rr. BAML/Barc/Citi/DB/RBC/WFS. First call at 75% of cpn. Mixed CoC: 101%. Equity clawback up to 35%. Price Talk: 5.75-6.00%. MWC+50bp. Call sched: 2021 at 104.406%, 2022 at 102.938%, 2023 at 101.469%, 2024 at par. (Source: IFR);
Use of Proceeds
General Corporate Purposes

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