Targa Resources Partners (NGLS) to Offer up to $500M in Common Units
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Last night, in a Form S-3, Targa Resources Partners (Nasdaq: NGLS) disclosed that it may offer and sell up to $500,000,000 in an aggregate initial offering price of the common units, representing limited partner interests of Targa Resources Partners LP, and, together with Targa Resources Partners Finance Corporation debt securities from time to time in one or more classes or series and in amounts, at prices and on terms to be determined by market conditions at the time of the offerings.
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