June 30 (Reuters) - Targa Resources Partners LP

on Tuesday sold $250 million of eight-year senior notes in the

144a private placement market, said IFR, a Thomson Reuters

service.

Barclays, Bank of America, Deutsche Bank, and RBS were the

joint bookrunning managers for the sale.

BORROWER: TARGA RESOURCES PARTNERS LP

AMT $250 MLN* COUPON 11.25 PCT MATURITY 7/15/2017

TYPE SR SEC NTS ISS PRICE 94.973 FIRST PAY 1/15/2010

MOODY'S B2 YIELD 12.25 PCT SETTLEMENT 7/06/2009

S&P SINGLE-B SPREAD 908 BPS PAY FREQ SEMI-ANNUAL

FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS**

*$237.4325 MLN PROCEEDS TO ISSUER

**MAKE-WHOLE CALL 50 BPS

Keywords: TARGARESOURCES DEBT/NOTES

(New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com)

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