Southwest Gas to offer 10-year senior notes via three bookrunners

By Devika Patel

Knoxville, Tenn., March 12 – Southwest Gas Corp. expects to price senior notes due 2028, according to a 424B5 filed with the Securities and Exchange Commission.

The notes feature a make-whole call until three months prior to maturity and then a par call.

KeyBanc Capital Markets Inc., MUFG and U.S. Bancorp Investments Inc. are the bookrunners. TD Securities (USA) LLC, Blaylock Robert Van, LLC and Samuel A. Ramirez & Co. Inc. are the co-managers.

Proceeds will be used to repay in full borrowings under the revolving portion of the company’s credit facility and to repay borrowings under the commercial paper program under the credit facility.

The natural gas distributor is based in Las Vegas.

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