Brief: Southwest Gas Holdings Says Intends To Separate Centuri Through An Initial Public Offering

Southwest Gas Holdings

04/12/2023 13:34

Dec 4 (Reuters) - Southwest Gas Holdings Inc  SWX.N :
    * SOUTHWEST GAS HOLDINGS INC - SWX INTENDS TO SEPARATE
CENTURI
THROUGH AN INITIAL PUBLIC OFFERING
    * SOUTHWEST GAS PROVIDES UPDATE ON CENTURI
    * SOUTHWEST GAS HOLDINGS INC - IPO WILL BE TAX-FREE TO BOTH
SOUTHWEST GAS AND CENTURI
    * SOUTHWEST GAS: AFTER IPO, TO FURTHER REDUCE OWNERSHIP IN
CENTURI
THROUGH SALES OF ITS REMAINING CENTURI HOLDINGS SHARES
    * SOUTHWEST GAS HOLDINGS INC - PRIMARY USE OF CASH PROCEEDS
FROM
IPO IS EXPECTED TO BE REPAYMENT OF OUTSTANDING DEBT AT CENTURI
    * SOUTHWEST GAS: TO PURSUE IPO OF NEWLY ISSUED SHARES OF
CENTURI
HOLDINGS IN SPRING/SUMMER 2024

Source text for Eikon:  ID:nPn9kXmY1a 
Further company coverage:  SWX.N 

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