Southwest Gas Holdings Inc. Amends Term Loan Agreement, Reduces Commitments to $225 Million and Extends Maturity Date to 2026

Reuters
07-03
<a href="https://laohu8.com/S/SWX">Southwest Gas</a> Holdings Inc. Amends Term Loan Agreement, Reduces Commitments to $225 Million and Extends Maturity Date to 2026

Southwest Gas Holdings Inc. has entered into a Second Amended and Restated Term Loan Credit Agreement as of June 27, 2025, with JPMorgan Chase Bank, N.A. serving as the Administrative Agent, alongside a consortium of lenders including Bank of America, N.A., Wells Fargo Securities, LLC, and U.S. Bank National Association. This new agreement amends the previous one dated August 1, 2024, extending the loan's maturity date to June 26, 2026, while reducing the total commitments from $550 million to $225 million. Additionally, Centuri Holdings, Inc. and its subsidiaries are excluded from certain covenants and events of default under this agreement. Concurrently, the company also secured a Revolving Credit Agreement featuring a $300 million borrowing capacity, with $35 million already utilized by July 1, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southwest Gas Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-154995), on July 02, 2025, and is solely responsible for the information contained therein.

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