secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001193125-24-193888
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SWX extends term loan to July 2025, reduces margin; new $400M revolver matures 2029
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- Amended Term Loan: maturity extended to July 31, 2025; margin reduced to 1.125% (SOFR) and 0.1125% (base rate).
- New $400M Revolving Credit Agreement for Southwest Gas Corp., maturing Aug 1, 2029, replacing prior facility expiring Apr 2025.
- Revolver interest margins range from 0.750%–1.500% (SOFR) based on credit rating; financial covenant limits funded debt/total capitalization to 0.70:1.
- Agreements entered Aug 1, 2024; JPMorgan, Bank of America serve as administrative agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000119312524193888/0001193125-24-193888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000119312524193888/d890343d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-193888

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