LAS VEGAS, June 18 /PRNewswire-FirstCall/ -- On June 18, 2003,
Southwest Gas Corporation (NYSE: SWX)(the Company) filed an application with
the Arizona Corporation Commission (ACC) requesting authorization to add a new
financing subsidiary (Southwest Gas Capital II) in compliance with the
affiliate rules governing the Company's operations. Southwest Gas Capital II
would be a wholly owned trust created to issue preferred securities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010823/SWXLOGO )
The Company plans to file a registration statement with the Securities and
Exchange Commission to register securities for issuance by the Company and/or
by the financing subsidiary. If approved, and if the securities are issued,
the Company intends to use proceeds for general corporate purposes, including
the redemption of the currently outstanding trust-originated preferred
securities.
SOURCE Southwest Gas Corporation
 back to top
Related links:
http://www.swgas.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20010823/SWXLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
CONTACT:
Media, Roger Buehrer, +1-702-876-7132, or
Shareholder, Ken Kenny, +1-702-876-7237, both of Southwest Gas
Corporation
|
