Targa Resources $1 billion private placement of shares

16/3/2016

Private placement of shares, Share offer

Value:

$ 1 billion

Status:

Completed

Date:

16/3/2016

Overview:

Natural gas provider Targa Resources has offered $1 billion in new shares through a private placement.
The shares were purchased by a consortium of investors that included Energy Capital Partners.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal types:

Private placement of shares
Share offer

Practice area:

Capital markets : Equity

Governing law:

United States

Industry sector:

Oil and gas

Firms:

Kirkland & Ellis

Party: Energy Capital Partners (Investor)

Lawyer: William Benitez

Vinson & Elkins

Party: Targa Resources (Issuer)

Related deals