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

Company Overview

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ. These notes bear interest at a fixed annual rate of 6.950%, payable semi-annually in cash, and are unsecured and junior in right of payment to TPG Operating Group II’s senior indebtedness. The notes have a stated maturity in 2064, subject to earlier redemption at the issuer’s option in accordance with the governing indenture.

Proceeds from the issuance of the 6.950% subordinated notes have been used to support ongoing growth initiatives, investment activities and general corporate purposes of the TPG group. The securities appeal primarily to institutional and fixed-income investors seeking exposure to a high-yield, long-duration instrument issued by a well-established alternative asset manager led by co-founders David Bonderman and Jim Coulter and their executive leadership team.

Key Stats

• Today's Range: $25.78 to $26.08
• 50-Day Range: $25.32 to $26.21
• 52-Week Range: $23.53 to $26.33
• Volume: 11,471 shs
• Average Volume: 19,751 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TPGXL Stock Analysis - Frequently Asked Questions

How have TPGXL shares performed this year?

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064's stock was trading at $25.42 at the beginning of 2025. Since then, TPGXL shares have increased by 1.8% and is now trading at $25.88.

How do I buy shares of TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064?

Shares of TPGXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Ex-Dividend for 9/15 Dividend: 8/29/2025
• Record date for 9/15 Dividend: 9/01/2025
• Dividend Payable: 9/15/2025
• Today: 10/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: NASDAQ:TPGXL
• CIK: 1880661
• Web: N/A
• Phone: N/A
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• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
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• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
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• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A