Southwest Gas plans to use new notes to pay down credit facility

Chicago, March 21 – Southwest Gas Corp. said that it plans to use a new note offering to repay amounts outstanding under the company’s credit facility, according to a 424B5 filing with the Securities and Exchange Commission.

As of March 21, the company had $225 million outstanding and $175 million available under its credit facility from Dec. 28, 2021.

Bank of New York Mellon, NA is the administrative agent.

The natural gas distributor is based in Las Vegas.

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