Credit Ratings

Southwest Gas Holdings, Inc.

Rating Agency Rating/Outlook
Fitch Ratings BBB/RatingWatch Negative
Moody's Investors Service, Inc. Baa2/Stable
Standard & Poor's Global Ratings BBB-/Positive Outlook

Southwest Gas Corporation

Rating Agency Rating/Outlook
Fitch Ratings A/RatingWatch Negative
Moody's Investors Service, Inc. Baa1/Stable
Standard & Poor's Global Ratings BBB/Positive Outlook

Centuri Group, Inc.

Rating Agency Rating/Outlook
Moody's Investors Service, Inc. Ba2/Under Review for Downgrade
Standard & Poor's Global Ratings B+/CreditWatch Developing


Southwest Gas Holding’s and Southwest Gas Corporation’s borrowing costs and ability to raise funds are directly impacted by its credit ratings. Securities ratings issued by nationally recognized ratings agencies provide a method for determining the credit worthiness of an issuer. These credit ratings are a factor considered by lenders when determining the cost of debt (i.e., generally the better the rating, the lower the cost to borrow funds).
A credit rating is not a recommendation to buy, sell, or hold a security and is subject to change or withdrawal at any time by the rating agency.