TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Price & Performance (TPGXL)

TPG Operating Group II, L.P.'s 6.950% Fixed-Rate Junior Subordinated Notes (TPGXL) saw a modest after-hours increase to $24.36, up 0.90%. The notes have traded between $23.53 and $26.73 over the past year, reflecting ongoing investor interest amid a volatile rate environment.12

Technical analysis on TPGXL currently suggests a neutral to sell rating, with the price at $24.20 and a 1.38% weekly gain. However, the stock has declined nearly 8% over the past year, and volatility remains low with a beta of 0.12, indicating limited correlation with broader market swings.23

TPG Operating Group II, L.P. recently issued $400 million in 6.950% junior subordinated notes due 2064, fully guaranteed by related entities. Proceeds will help pay down outstanding credit facilities and support general operations. The notes are set to begin trading on NASDAQ under the symbol TPGXL.41