Item 1.01 Entry into a Material Definitive Agreement.

On December 6, 2019, Targa Resources Partners LP (the "Partnership"), a subsidiary of Targa Resources Corp. (the "Company"), and Targa Receivables LLC, a bankruptcy-remote special purpose entity that is an indirect wholly-owned subsidiary of the Partnership (the "SPV"), entered into an Eighth Amendment to the Receivables Purchase Agreement (the "Purchase Agreement Amendment") among the SPV, as seller, the Partnership, as servicer, the conduit purchasers, the committed purchasers, the purchaser agents and the LC participants party thereto and PNC Bank, National Association, as administrator and LC Bank, which amends the $400 million accounts receivable securitization facility (the "Facility") by extending the Facility Termination Date (as defined in the Purchase Agreement Amendment) of the Facility to December 4, 2020. As of December 6, 2019, after giving effect to the Purchase Agreement Amendment, there were $328.8 million of trade receivable purchases outstanding under the Facility. A copy of the Purchase Agreement Amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K.

The foregoing description of the Purchase Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement Amendment, which is incorporated by reference herein.

The committed purchasers or their respective affiliates have performed investment banking, financial advisory and commercial banking services for the Partnership and certain of its affiliates, for which they have received customary compensation, and they may continue to do so in the future. The Partnership or its affiliates have entered into commodity swap transactions with certain of the committed purchasers or their respective affiliates with terms the Partnership believes to be customary in connection with such transactions.

Item 9.01 Financial Statements and Exhibits.




(d) Exhibits.

 Exhibit
 Number                                      Description

   10.1            Eighth Amendment to Receivables Purchase Agreement, dated
                 December 6, 2019, by and among Targa Receivables LLC, as seller, the
                 Partnership, as servicer, the various conduit purchasers, committed
                 purchasers, purchaser agents and LC participants party thereto and
                 PNC Bank, National Association, as administrator and LC Bank.

   104           Cover Page Interactive Data File (embedded within the Inline XBRL
                 document).


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