Targa Resources Extends Receivables Facility to July 2027; Adds $200M Line

Targa Resources Corp. announced that its subsidiary, Targa Resources Partners LP, and Targa Receivables LLC, entered into a Seventeenth Amendment to the Receivables Purchase Agreement. This amendment extends the Facility Termination Date of its accounts receivable securitization facility to July 30, 2027. Additionally, it establishes an uncommitted line of $200 million, enhancing the company's financial flexibility. As of July 1, 2026, approximately $451 million in trade receivable purchases were outstanding under the facility.