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Published on 7/6/2012 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Targa Resources Partners files $300 million shelf for units, debt

By Marisa Wong

Madison, Wis., July 6 - Targa Resources Partners LP and Targa Resources Partners Finance Corp. filed a $300 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common units and debt securities, which may be convertible.

The Houston-based natural gas company will use proceeds for general partnership purposes, which include the repayment of debt.


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