NEW YORK — Bracewell LLP advised Targa Resources Corp. in a $3.5 billion unsecured revolving credit facility with Bank of America, as administrative agent. The facility is guaranteed by Targa Resources GP LLC, Targa Energy GP LLC, Targa Resources LLC, Targa Resources Partners LP, Targa Energy LP, Targa GP Inc., Targa LP Inc. and Targa Resources Finance Corporation and shall also be guaranteed by each existing and future direct and indirect wholly owned subsidiary of the company that is an obligor on or otherwise guarantees the obligations in respect of the existing notes indebtedness of Targa Resources Partners LP.
Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America.
Bracewell lawyers involved in the transaction Include:
Partners: Jeris D. Brunette, Charles H. Still Jr., Kate H. Day, William H. Ebert, Matthew B. Grunert, Peter W. Rogers and Timothy A. Wilkins
Counsel: Jennifer N. Dill and Leslie M. Hansen
Associates: Allison L. Houston, Katie J. Jones, Shannon Baldwin and Benjamin S. Cantor
