{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-154995","form_type":"8-K","ticker":"SWX","cik":"0001692115","company_name":"Southwest Gas Holdings, Inc.","filed_at":"2025-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.683220+00:00","generated_at":"2026-05-18T09:39:05.572953+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Southwest Gas amends term loan to $225M, extends maturity to 2026; signs new $300M revolver","bullets":["Amended Term Loan reduced from $550M to $225M; maturity extended to June 26, 2026; portion prepaid at closing.","New $300M Revolving Credit Agreement matures August 1, 2029, replacing prior $300M facility; $35M drawn as of July 1, 2025.","Revolver interest: SOFR + 0.75%-1.50% or base rate + 0%-0.50%; commitment fee 0.075%-0.200% based on debt rating.","Centuri Holdings excluded from certain material representations, covenants, and events of default in both agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-154995","json":"https://secwatch.observer/filing/0001193125-25-154995.json","markdown":"https://secwatch.observer/filing/0001193125-25-154995.md","text":"https://secwatch.observer/filing/0001193125-25-154995.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692115/000119312525154995/0001193125-25-154995-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692115/000119312525154995/d93270d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:39:05.572953+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":"6fb8bc9a0110d0a90a5d87f15c774e532e5b9134","claim":"Southwest Gas Holdings, Inc. incurred revolving credit of $300 million with JPMorgan Chase Bank, N.A. as Administrative Agent and Swingline Lender at adjusted term secured overnight financing rate (“SOFR”) or the “alternate base r maturing August 1, 2029.","evidence_excerpt":"BofA Securities, Inc. and Wells Fargo Securities, LLC as Joint Lead Arrangers and Joint Bookrunners. The revolving borrowing capacity under the Revolving Credit Agreement is $300 million, and as of July 1, 2025, $35 million in aggregate principal amount was outstanding under the Revolving Credit Agreement. The Revolving Credit Agreement matures on August 1, 2029,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692115/000119312525154995/0001193125-25-154995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$300 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as Administrative Agent and Swingline Lender"},{"label":"Rate","value":"adjusted term secured overnight financing rate (“SOFR”) or the “alternate base r"},{"label":"Maturity","value":"August 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ef17b48474ef284bb92febce42f65adb397799f7","claim":"Southwest Gas Holdings, Inc. amended term loan of decreased from $550 million to $225 million with JPMorgan Chase Bank, N.A. as Administrative Agent maturing June 26, 2026.","evidence_excerpt":"Company also prepaid a portion of indebtedness under the Amended Term Loan Agreement as a part of the closing, and the total value of the lenders’ commitments was decreased from $550 million to $225 million. The foregoing description of the Amended Term Loan Agreement does not purport to be complete and is qualified in its entirety by reference to the Amended Term","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692115/000119312525154995/0001193125-25-154995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"decreased from $550 million to $225 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as Administrative Agent"},{"label":"Maturity","value":"June 26, 2026"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}