secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0001193125-25-154995
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas amends term loan to $225M, extends maturity to 2026; signs new $300M revolver
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000119312525154995/0001193125-25-154995-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692115/000119312525154995/d93270d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-154995

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