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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
June 29, 2009
TARGA RESOURCES PARTNERS LP
(Exact name of registrant as specified in its charter)
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Delaware
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001-33303
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65-1295427 |
(State or other jurisdiction
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(Commission
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(IRS Employer |
of incorporation or organization)
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File Number)
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Identification No.) |
1000 Louisiana, Suite 4300
Houston, TX 77002
(Address of principal executive office and Zip Code)
(713) 584-1000
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 |
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Other Events. |
On June 29, 2009, Targa Resources Partners LP (the Partnership) issued a press release
announcing that it intends to commence its offering of senior notes due 2017. The Partnership is
filing a copy of the press release as Exhibit 99.1 hereto, which is incorporated by reference to
this Item 8.01.
The press release shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state in which the offer, solicitation
or sale would be unlawful prior to the registration or qualification under the securities laws of
any such state.
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Item 9.01 |
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Financial Statements and Exhibits. |
(d) Exhibits.
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Exhibit |
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Description |
99.1
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Press Release dated June 29, 2009. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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TARGA RESOURCES PARTNERS LP
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By: |
Targa Resources GP LLC,
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its general partner |
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Dated: June 29, 2009 |
By: |
/s/ Jeffrey J. McParland
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Jeffrey J. McParland |
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Executive Vice President and Chief Financial Officer |
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INDEX TO EXHIBITS
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Exhibit |
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Description |
99.1
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Press Release dated June 29, 2009. |
exv99w1
Exhibit 99.1
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1000 Louisiana, Suite 4300
Houston, TX 77002
713.584.1000
www.targaresources.com |
Targa Resources Partners LP Announces $250 million Offering of Senior Notes
HOUSTON, June 29, 2009 Targa Resources Partners LP (Targa Resources Partners or the
Partnership) (NASDAQ: NGLS) and its subsidiary Targa Resources Partners Finance Corporation
announced today that, subject to market conditions, they intend to sell in an offering in the
United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of
1933, as amended (the Securities Act), to persons outside of the United States pursuant to
Regulation S under the Securities Act, and to accredited investors in Canada pursuant to applicable
private placement exemptions, $250 million in aggregate principal amount of senior unsecured notes
due 2017. The Partnership intends to use the net proceeds from the offering to reduce borrowings
under its senior secured credit facility and for general partnership purposes, including working
capital and acquisitions.
The securities to be offered have not been registered under the Securities Act, or any state
securities laws, and unless so registered, the securities may not be offered or sold in the United
States except pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and applicable state securities laws. The senior unsecured notes
are expected to be eligible for trading by qualified institutional buyers under Rule 144A and
non-US persons under Regulation S. This announcement shall not constitute an offer to sell or a
solicitation of an offer to buy any of these securities, except as required by law.
Forward-Looking Statements
Certain statements in this release are forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. All statements, other than statements of historical facts, included in this
release that address activities, events or developments that the Partnership expects, believes or
anticipates will or may occur in the future are forward-looking statements. These forward-looking
statements rely on a number of assumptions concerning future events and are subject to a number of
uncertainties, factors and risks, many of which are outside Targa Resources Partners control,
which could cause results to differ materially from those expected by management of Targa Resources
Partners.
Investor contact:
713-584-1133
Anthony Riley
Sr. Manager Finance / Investor Relations
Matthew Meloy
Vice President Finance and Treasurer