SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: o
(Continued on following pages)
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Warburg Pincus Private Equity VIII, L.P. |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 5,777,923 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
5,777,923 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
5,777,923 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
8.5% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
PN |
2
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Warburg Pincus Private Equity IX, L.P. |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 3,235,637 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
3,235,637 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
3,235,637 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
4.8% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
PN |
3
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Warburg Pincus IX, LLC |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 3,235,637 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
3,235,637 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
3,235,637 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
4.8% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
4
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Warburg Pincus Partners LLC |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 9,013,560 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
9,013,560 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
9,013,560 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
13.3% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
5
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Warburg Pincus & Co. |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 9,013,560 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
9,013,560 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
9,013,560 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
13.3% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
PN |
6
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Warburg Pincus LLC |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 9,013,560 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
9,013,560 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
9,013,560 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
13.3% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
7
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Charles R. Kaye |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
United States of America | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 9,013,560 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
9,013,560 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
9,013,560 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
13.3% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
IN |
8
CUSIP No. |
87611X105 |
1 | NAME OF REPORTING PERSON Joseph P. Landy |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
N/A (see Item 3) | |||||||||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
United States of America | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 Common Units | ||||||||||
SHARES | 8 | SHARED VOTING POWER (1)(2) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 9,013,560 Common Units | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 Common Units | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER (1)(2) | |||||||||
9,013,560 Common Units | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2) | ||||||||||
9,013,560 Common Units | |||||||||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(3) | ||||||||||
13.3% of Common Units | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
IN |
9
(a) | (1) | Targa GP Inc. is the record and beneficial owner of an aggregate of 9,626,129 Common Units. These holdings represent approximately 14.2% of the outstanding Common Units. Targa LP Inc. is the record and beneficial owner of an aggregate of 1,929,717 Common Units. These holdings represent approximately 2.8% of the outstanding Common Units. | |||
(2) | Due to their respective relationships with the Funds and each other, as of April 14, 2010, each of the Warburg Pincus Reporting Persons may be deemed to beneficially own, in the aggregate, 9,013,560 Common Units, representing approximately 13.3% of the outstanding Common Units. |
10
(3) | Please see the information in Items 7 through 11 of the cover pages hereto for the aggregate number and percentage of Common Units that the Warburg Pincus Reporting Persons may be deemed to beneficially own. WP VIII may be deemed to share dispositive and voting power with respect to 5,777,923 Common Units, representing approximately 8.5% of the outstanding Common Units. WP IX and WP IX LLC may be deemed to share dispositive and voting power with respect to 3,235,637 Common Units, representing approximately 4.8% of the outstanding Common Units. WP Partners, WP, WP LLC and Messrs. Kaye and Landy may be deemed to share dispositive and voting power with respect to 9,013,560 Common Units, representing approximately 13.3% of the outstanding Common Units. |
11
Exhibit 1.1:
|
Underwriting Agreement between Targa LP Inc., the Partnership and Barclays Capital Inc., Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC, as Representatives of the several Underwriters, dated as of April 9, 2010 (incorporated by reference to Exhibit 1.1 to Targa Resources Partners LPs Current Report on Form 8-K filed April 14, 2010 (File No. 1-33303)). | |
Exhibit 4.1:
|
First Amended and Restated Limited Partnership Agreement of Targa Resources Partners LP, dated as of February 14, 2007 (incorporated by reference to Exhibit 3.1 to Targa Resources Partners LPs Current Report on Form 8-K filed February 16, 2007 (File No. 1-33303)). | |
Exhibit 4.2:
|
Amendment No. 1, dated May 13, 2008, to the First Amended and Restated Limited Partnership Agreement of Targa Resources Partners LP (incorporated by reference to Exhibit 3.5 to Targa Resources Partners LPs Quarterly Report on Form 10-Q filed May 14, 2008 (File No. 1-33303)). | |
Exhibit 99.1:
|
Joint Filing Agreement among the parties regarding filing of Schedule 13D, dated September 28, 2009 (incorporated by reference to Exhibit 99.1 to the Reporting Persons Schedule 13D filed September 28, 2009 (File No. 5-83048)). |
12
Dated: April, 15, 2010 | WARBURG PINCUS PRIVATE EQUITY VIII, L.P.* |
|||
By: | Warburg Pincus Partners LLC, | |||
its General Partner | ||||
By: | Warburg Pincus & Co., | |||
its managing member | ||||
By: | /s/ Scott A. Arenare | |||
Name: | Scott A. Arenare | |||
Title: | Partner | |||
WARBURG PINCUS PRIVATE EQUITY IX, L.P.* |
||||
By: | Warburg Pincus IX, LLC, | |||
its General Partner | ||||
By: | Warburg Pincus Partners, LLC, | |||
its sole member | ||||
By: | Warburg Pincus & Co., | |||
its managing member | ||||
By: | /s/ Scott A. Arenare | |||
Name: | Scott A. Arenare | |||
Title: | Partner | |||
WARBURG PINCUS PARTNERS, LLC* |
||||
By: | Warburg Pincus & Co., | |||
its managing member | ||||
By: | /s/ Scott A. Arenare | |||
Name: | Scott A. Arenare | |||
Title: | Partner | |||
WARBURG PINCUS IX, LLC* |
||||
By: | Warburg Pincus Partners, LLC, | |||
its sole member | ||||
By: | Warburg Pincus & Co., | |||
its managing member | ||||
By: | /s/ Scott A. Arenare | |||
Name: | Scott A. Arenare | |||
Title: | Partner |
13
WARBURG PINCUS & CO.* |
||||
By: | /s/ Scott A. Arenare | |||
Name: | Scott A. Arenare | |||
Title: | Partner | |||
WARBURG PINCUS LLC* |
||||
By: | /s/ Scott A. Arenare | |||
Name: | Scott A. Arenare | |||
Title: | Member | |||
By: | /s/ Scott A. Arenare | |||
Name: | Charles R. Kaye | |||
By: | Scott A. Arenare, Attorney-in-fact** | |||
By: | /s/ Scott A. Arenare | |||
Name: | Joseph P. Landy | |||
By: | Scott A. Arenare, Attorney-in-fact** | |||
* | The agreement among WP VIII, WP IX, WP PARTNERS, WP IX LLC, WP, WP LLC and Messrs. Kaye and Landy to file jointly is incorporated by reference as Exhibit 99.1 hereto. | |
** | Power of Attorney given by Messrs. Kaye and Landy was previously filed with the SEC on March 2, 2006 as an exhibit to a Schedule 13D filed by Building Products, LLC with respect to Builders FirstSource, Inc. |
14
Exhibit 1.1:
|
Underwriting Agreement between Targa LP Inc., the Partnership and Barclays Capital Inc., Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC, as Representatives of the several Underwriters, dated as of April 9, 2010 (incorporated by reference to Exhibit 1.1 to Targa Resources Partners LPs Current Report on Form 8-K filed April 14, 2010 (File No. 1-33303)). | |
Exhibit 4.1:
|
First Amended and Restated Limited Partnership Agreement of Targa Resources Partners LP, dated as of February 14, 2007 (incorporated by reference to Exhibit 3.1 to Targa Resources Partners LPs Current Report on Form 8-K filed February 16, 2007 (File No. 1-33303)). | |
Exhibit 4.2:
|
Amendment No. 1, dated May 13, 2008, to the First Amended and Restated Limited Partnership Agreement of Targa Resources Partners LP (incorporated by reference to Exhibit 3.5 to Targa Resources Partners LPs Quarterly Report on Form 10-Q filed May 14, 2008 (File No. 1-33303)). | |
Exhibit 99.1:
|
Joint Filing Agreement among the parties regarding filing of Schedule 13D, dated September 28, 2009 (incorporated by reference to Exhibit 99.1 to the Reporting Persons Schedule 13D filed September 28, 2009 (File No. 5-83048)). |
15