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.
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