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. |
