LAS VEGAS, July 27 /PRNewswire/ -- Southwest Gas Corporation (NYSE: SWX)
plans to issue 2,500,000 shares of common stock in August 1998 in a public
offering through an underwriting group led by Merrill Lynch & Co. The net
proceeds from the stock issuance will be used to finance the construction and
improvement of pipeline systems and facilities located in and around the
communities served by Southwest, and for other general corporate purposes.
Southwest provides natural gas service to approximately 1,171,000 customers in
Arizona, Nevada and California.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any state. The offer is made only by the prospectus. Copies of the
prospectus may be obtained from Merrill Lynch & Co., Investment Banking, World
Financial Center, North Tower, 27th Floor, New York, NY 10281-1327.
SOURCE Southwest Gas Corporation
Company News On-Call: http: //www.prnewswire.com or fax, 800-758-5804, ext. 804969
CONTACT: Media: Dante Pistone, 702-876-7253, or Shareholders: Laura Hobbs, 702-876-7237, both of Southwest Gas Corporation