{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-277885","form_type":"8-K","ticker":"SWX","cik":"0001692115","company_name":"Southwest Gas Holdings, Inc.","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.075169+00:00","generated_at":"2026-06-08T02:33:00.490205+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Southwest Gas subsidiary Centuri amends credit facility covenants for 2024","bullets":["Interest coverage ratio minimum reduced to 2.00:1.00 for Q1–Q4 2024 from 2.50:1.00.","Net leverage ratio maximum increased to 5.50:1.00 for Q1–Q3 2024 and 5.00:1.00 for Q4 2024.","If Centuri completes a Qualified IPO before March 2025, leverage covenant adjusts based on proceeds.","Amendment effective Nov 13, 2023; other terms of credit facility unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-277885","json":"https://secwatch.observer/filing/0001193125-23-277885.json","markdown":"https://secwatch.observer/filing/0001193125-23-277885.md","text":"https://secwatch.observer/filing/0001193125-23-277885.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692115/000119312523277885/0001193125-23-277885-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692115/000119312523277885/d604131d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:33:00.490205+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cbdf60a45cd1981d8ed9093d8696cc5a5248ad3d","claim":"Southwest Gas Holdings, Inc. amended Amendment No. 3 with Wells Fargo Bank, National Association, as administrative agent (effective 2023-11-13).","evidence_excerpt":"On November 13, 2023, Centuri Group, Inc. (“Centuri”), a wholly owned subsidiary of Southwest Gas Holdings, Inc. (the “Company”), and Centuri Canada Division Inc. entered into Amendment No. 3 (“Amendment No. 3”) to the Second Amended and Restated Credit Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692115/000119312523277885/0001193125-23-277885-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent"},{"label":"Effective","value":"2023-11-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}