Southwest Gas Holdings Enters Material Agreement
Ticker: SWX · Form: 8-K · Filed: 2024-08-05T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: SWX
TL;DR
SWX inked a big deal, expect financial updates soon.
AI Summary
Southwest Gas Holdings, Inc. entered into a material definitive agreement on August 1, 2024, related to a direct financial obligation. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates a significant financial commitment or obligation for Southwest Gas Holdings, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and financial obligations can introduce financial risks and uncertainties for a company.
Key Players & Entities
- Southwest Gas Holdings, Inc. (company) — Filer
- Southwest Gas Corp (company) — Related Filer
- August 1, 2024 (date) — Date of Agreement
FAQ
What type of material definitive agreement did Southwest Gas Holdings, Inc. enter into?
The filing states that Southwest Gas Holdings, Inc. entered into a material definitive agreement on August 1, 2024, which involves a direct financial obligation or an obligation under an off-balance sheet arrangement.
What is the Central Index Key for Southwest Gas Holdings, Inc.?
The Central Index Key for Southwest Gas Holdings, Inc. is 0001692115.
What is the Standard Industrial Classification for Southwest Gas Holdings, Inc.?
The Standard Industrial Classification for Southwest Gas Holdings, Inc. is NATURAL GAS TRANSMISSION & DISTRIBUTION [4923].
When was the report filed?
The report was filed on August 5, 2024.
What are the business addresses listed for Southwest Gas Holdings, Inc. and Southwest Gas Corp?
The business address for Southwest Gas Holdings, Inc. is C/O SOUTHWEST GAS CORPORATION, 8360 S. DURANGO DRIVE, LAS VEGAS, NV 89113. The business address for Southwest Gas Corp is 8360 S. DURANGO DRIVE, PO BOX 98510, LAS VEGAS, NV 89113.
Filing Stats: 1,209 words · 5 min read · ~4 pages · Grade level 8.2 · Accepted 2024-08-05 16:05:36
Key Financial Figures
- $1 — thwest Gas Holdings, Inc. Common Stock, $1 par value SWX New York Stock Exchan
- $400 million — under the Revolving Credit Agreement is $400 million. The Revolving Credit Agreement matures
Filing Documents
- d890343d8k.htm (8-K) — 37KB
- d890343dex101.htm (EX-10.1) — 554KB
- d890343dex102.htm (EX-10.2) — 599KB
- 0001193125-24-193888.txt ( ) — 1605KB
- swx-20240801.xsd (EX-101.SCH) — 4KB
- swx-20240801_def.xml (EX-101.DEF) — 14KB
- swx-20240801_lab.xml (EX-101.LAB) — 23KB
- swx-20240801_pre.xml (EX-101.PRE) — 15KB
- d890343d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Amended and Restated Term Loan Credit Agreement, dated as of August 1, 2024, by and among Southwest Gas Holdings, Inc., the lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. as Syndication Agent, JPMorgan Chase Bank, N.A., BofA Securities, Inc., Wells Fargo Bank, N.A. and U.S. Bank, National Association as Joint Lead Arrangers and Joint Bookrunners, and Wells Fargo Bank, N.A. and U.S. Bank, National Association as Co-Documentation Agents. 10.2* Revolving Credit Agreement, dated as of August 1, 2024, by and among Southwest Gas Corporation, the lenders party thereto, Bank of America, N.A., as Administrative Agent, JPMorgan Chase Bank, N.A. and Wells Fargo Bank, National Association as Co-Syndication Agents, U.S. Bank National Association, MUFG Bank, Ltd., TD Bank, N.A., Keybank National Association and Mizuho Bank, Ltd. as Co-Documentation Agents, and BofA Securities, Inc., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC as Joint Lead Arrangers and Joint Bookrunners. 104 Cover Page formatted in Inline XBRL. * Certain personal information in this Exhibit has been omitted in accordance with Regulation S-K Item 601(a)(6).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOUTHWEST GAS HOLDINGS, INC. /s/ ROBERT J. STEFANI Date: August 5, 2024 Robert J. Stefani Senior Vice President/ Chief Financial Officer SOUTHWEST GAS CORPORATION /s/ ROBERT J. STEFANI Date: August 5, 2024 Robert J. Stefani Senior Vice President/ Chief Financial Officer