TARGA RES PARTNERS Profile

87612BBL5   100.28  0.09  0.09%   

Performance

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Odds Of Default

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TARGA RES PARTNERS LP TARGA RES PARTNE 6.5 percent 15Jul2027 is a Senior Unsecured Note issued by the corporate entity on the 22nd of January 2020. The bond matures on the 15th of July 2027 and carries the semi-annual coupon of 6.500%. TARGA (US:87612BBL5) is currently rated BBB- and has a yield to maturity of 5.418. TARGA is trading at 100.28 as of the 31st of January 2025, a 0.09% down since the beginning of the trading day. The bond's open price was 100.37. TARGA has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Ratings for TARGA RES PARTNERS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of January 2025 and ending today, the 31st of January 2025. Click here to learn more.

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TARGA Bond Highlights

Business ConcentrationHotels, Resorts & Cruise Lines, Specialty Business Services, Consumer Discretionary, TARGA RES PARTNERS Corporate Bond, Industrial, Oil And Gas (View all Sectors)
Sub Product AssetCORP
Next Call Date15th of July 2022
Coupon Payment FrequencySemi-Annual
CallableYes
Sub Product Asset TypeCorporate Bond
NameTARGA RES PARTNERS LP TARGA RES PARTNE 6.5 percent 15Jul2027
C U S I P87612BBL5
Update Date2nd of February 2023
Moody Rating Update Date3rd of February 2023
Offering Date22nd of January 2020
Coupon6.5
Debt TypeSenior Unsecured Note
S P Rating Update Date3rd of February 2023
I S I NUS87612BBL53
Moody RatingBaa3
Issuer CountryUSA
Yield To Maturity5.418
S P RatingBBB-
Price102.44
Maturity Date15th of July 2027
TARGA RES PARTNERS (87612BBL5) is traded in USA.

TARGA RES PARTNERS Risk Profiles

TARGA Against Markets

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Other Information on Investing in TARGA Bond

TARGA financial ratios help investors to determine whether TARGA Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TARGA with respect to the benefits of owning TARGA security.