Source-grounded facts extracted from Southwest Gas Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Southwest Gas Holdings, Inc. entered into Purchase and Sale Agreement with Williams Partners Operating LLC valued at $1.5 billion in total enterprise value (effective 2022-12-14).
“On December 14, 2022, Southwest Gas Holdings, Inc. (the “Company”), MountainWest Pipelines Holding Company, a wholly owned subsidiary of the Company (“MountainWest”), and Williams Partners Operating LLC, a wholly owned subsidiary of The Williams Companies, Inc. (the “Purchaser”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) pursuant to which the Company will sell all of the equity interests in MountainWest to the Purchaser (the “Sale”).”
Debt Financings
Southwest Gas Holdings, Inc. incurred senior notes of $300 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 5.800% maturing December 1, 2027.
“On December 1, 2022, Southwest Gas Corporation (the “Company”), a wholly owned subsidiary of Southwest Gas Holdings, Inc. (the “Parent”), completed a public offering of $300 million aggregate principal amount of 5.800% Senior Notes due 2027 (the “Notes”) pursuant to an Underwriting Agreement, dated November 29, 2022, with BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC as representatives of the underwriters named therein (the “Underwriting Agreement”).”
Material Agreements
Southwest Gas Holdings, Inc. entered into Indenture (Base Indenture and Fourth Supplemental Indenture) with The Bank of New York Mellon Trust Company, N.A. valued at 5.800% Senior Notes due 2027, $300 million (effective 2022-12-01).
“The Notes were issued pursuant to an Indenture, dated as of June 4, 2020 (the “Base Indenture”), by and between the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (the “Trustee”) and a Fourth Supplemental Indenture, dated as of December 1, 2022, between the Company and the Trustee (the “Fourth Supplemental Indenture,” and together with the Base Indenture, the “Indenture”).”
Material Agreements
Southwest Gas Holdings, Inc. entered into Underwriting Agreement with BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC valued at $300,000,000 (effective 2022-11-29).
“completed a public offering of $300 million aggregate principal amount of 5.800% Senior Notes due 2027 (the “Notes”) pursuant to an Underwriting Agreement, dated November 29, 2022, with BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC as representatives of the underwriters named therein (the “Underwriting Agreement”).”
Earnings Releases
Southwest Gas Holdings, Inc. reported the quarter, nine months, and twelve months ended September 30, 2022 results: net income Consolidated net loss of $12.3 million (and adjusted consolidated net loss of $3.3 million) for the third quarter of 202, EPS Consolidated net loss of $0.18 per diluted share (and adjusted consolidated net loss of $0.05 per diluted share) for the.
“Southwest Gas Holdings, Inc. Reports Third Quarter 2022 Financial Results”
Gregory J. Peterson departed as cfo at Southwest Gas Holdings, Inc..
“Mr. Stefani succeeds Gregory J. Peterson, who will retire on November 30, 2022.”
Robert J. Stefani was appointed as Senior Vice President and Chief Financial Officer at Southwest Gas Holdings, Inc..
“Robert J. Stefani was appointed as Senior Vice President and Chief Financial Officer, effective November 30, 2022.”
José A. Cárdenas resigned as Director at Southwest Gas Holdings, Inc..
“Upon Ms. Sharma’s appointment, Mr. Cárdenas’ resignation became effective, as described in the Company’s Current Report on Form 8-K filed on May 10, 2022.”
Ruby Sharma was appointed as Director at Southwest Gas Holdings, Inc..
“the board of directors (the “Board”) of the Company appointed Ruby Sharma to the Board to replace José A. Cárdenas effective August 9, 2022.”
John P. Hester retired as President and Chief Executive Officer at Southwest Gas Holdings, Inc..
“John P. Hester, Southwest’s former President and Chief Executive Officer, who had previously retired from his positions with Southwest on May 5, 2022”
Julie M. Williams was appointed as Senior Vice President/Operations at Southwest Gas Holdings, Inc..
“Ms. Williams assumed the role of Senior Vice President/Operations of the Company effective June 1, 2022.”
Eric DeBonis retired as Senior Vice President/Operations at Southwest Gas Holdings, Inc..
“Mr. DeBonis, the former Senior Vice President/Operations of the Company informed the Company that he intends to retire from the Company effective as of July 1, 2022 (the “Separation Date”), rather than December 1, 2022 as was disclosed in the Initial Filing.”
Andrew J. Teno was appointed as Director at Southwest Gas Holdings, Inc..
“the Board appointed Mr. Teno to fill the vacancy created by Mr. Frisby’s resignation, effective immediately”
H. Russell Frisby, Jr. resigned as Director at Southwest Gas Holdings, Inc..
“on May 27, Mr. Frisby resigned from the Board, effective immediately”
Gregory J. Peterson departed as Senior Vice President/Chief Financial Officer at Southwest Gas Holdings, Inc..
“On May 27, 2022, Gregory J. Peterson, informed Southwest Gas Holdings, Inc. (the “Company”) that he intends to retire as Senior Vice President/Chief Financial Officer of the Company and of Southwest Gas Corporation by October 2022, after nearly 26 years of service.”
Robert L. Boughner resigned as member of the Board at Southwest Gas Holdings, Inc..
“On May 6, 2022, Messrs. Thomas and Boughner each informed the Board of their decisions to resign as members of the Board immediately following the completion of the 2022 Annual Meeting.”
Thomas A. Thomas resigned as member of the Board at Southwest Gas Holdings, Inc..
“On May 6, 2022, Messrs. Thomas and Boughner each informed the Board of their decisions to resign as members of the Board immediately following the completion of the 2022 Annual Meeting.”
Karen Haller was appointed as member of the Board at Southwest Gas Holdings, Inc..
“on May 6, 2022, the Board appointed Ms. Haller as a member of the Board, effective immediately following the completion of the 2022 Annual Meeting.”
Karen Haller was appointed as President and Chief Executive Officer at Southwest Gas Holdings, Inc..
“On May 5, 2022, the Board appointed Ms. Haller, the Company’s Executive Vice President / Chief Legal and Administrative Officer, as President and Chief Executive Officer of Southwest, effective as of May 6, 2022.”
John Hester retired as President and Chief Executive Officer at Southwest Gas Holdings, Inc..
“On May 5, 2022, Mr. Hester retired as President and Chief Executive Officer of Southwest, effective as of May 5, 2022”
Julie M. Williams was appointed as Senior Vice President/Operations at Southwest Gas Holdings, Inc..
“On March 25, 2022, the Board of Directors of the Company appointed Julie M. Williams as the Company’s Senior Vice President/Operations, effective July 1, 2022.”
Eric DeBonis departed as Senior Vice President/Operations at Southwest Gas Holdings, Inc..
“On March 24, 2022, Eric DeBonis, Senior Vice President/Operations of Southwest Gas Corporation (the “Company”) and an employee of the Company since 1993, informed the Company that he intends to retire effective as of December 1, 2022”
Robert L. Boughner changed role as Chair at Southwest Gas Holdings, Inc..
“upon the effectiveness of Mr. Melarkey’s resignation, Robert L. Boughner, a current Board member, will replace Mr. Melarkey as Cha”
Stephen C. Comer departed as Director at Southwest Gas Holdings, Inc..
“Michael J. Melarkey and Stephen C. Comer each informed the Board of their decisions not to stand for reelection at the Company’s 2022 annual meeting of stockholders”
Michael J. Melarkey departed as Director at Southwest Gas Holdings, Inc..
“Michael J. Melarkey and Stephen C. Comer each informed the Board of their decisions not to stand for reelection at the Company’s 2022 annual meeting of stockholders”
Carlos A. Ruisanchez was appointed as Director at Southwest Gas Holdings, Inc..
“appointed E. Renae Conley and Carlos A. Ruisanchez to fill the vacancies created by the increased size of the Board, in each case, effective January 1, 2022.”
E. Renae Conley was appointed as Director at Southwest Gas Holdings, Inc..
“appointed E. Renae Conley and Carlos A. Ruisanchez to fill the vacancies created by the increased size of the Board, in each case, effective January 1, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.