Company files for $400 million offering

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Thursday, Dec. 21, 2000 | 11:19 a.m.

Southwest Gas Corp. of Las Vegas filed documents with the Securities and Exchange Commission Wednesday to sell up to $400 million in stock and debt securities.

The registration statement filed was a "shelf" statement. By filing the statement, Southwest will be permitted to sell stock and bonds in future offerings, up to a maximum of $400 million; the filing does not necessarily indicate plans to immediately have such an offering.

Southwest said in the filing that proceeds from such offerings would be used to pay down debt and for general corporate purposes, including the construction and expansion of Southwest's infrastructure.