secwatch / observer
8-K filed May 16, 2022, 7:59 PM ET ticker TXNM CIK 0001108426
debt confidence high sentiment neutral materiality 0.45

TXNM ENERGY INC (TXNM): debt financing — TNMP issues $65M 4.13% bonds due 2052; upsizes credit facility to $100M

TXNM ENERGY INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TXNM ENERGY INC incurred mortgage of $65,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 4.13% per annum maturing May 12, 2052.

Instrument
mortgage
Principal
$65,000,000 aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
4.13% per annum
Maturity
May 12, 2052
Event
incurrence
Exact text from the filing
On May 12, 2022, PNM Resources, Inc.’s indirect wholly-owned subsidiary, Texas-New Mexico Power Company (“TNMP”), issued $65,000,000 aggregate principal amount of its 4.13% First Mortgage Bonds, due May 12, 2052, Series 2022A
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TXNM ENERGY INC entered into Fifteenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at Issuance of $65,000,000 aggregate principal amount of 4.13% First Mortgage Bonds due May 12, 2052, S (effective 2022-05-12).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
Issuance of $65,000,000 aggregate principal amount of 4.13% First Mortgage Bonds due May 12, 2052, S
Effective
2022-05-12
Exact text from the filing
The Series 2022A Bonds were issued pursuant to TNMP’s First Mortgage Indenture dated as of March 23, 2009 (the “First Mortgage Indenture”), between TNMP and U.S. Bank Trust Company, National Association (ultimate successor as trustee to The Bank of New York Mellon Trust Company, N.A.), as trustee (the “Trustee”), as previously supplemented and amended and as further supplemented by the Fifteenth Supplemental Indenture thereto, dated as of May 12, 2022, between TNMP and the Trustee (the “Fifteenth Supplemental Indenture” and, together with the First Mortgage Indenture, the “Series 2022A Indenture”).
View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

TXNM ENERGY INC filing history →

Source: SEC EDGAR
accession 0001108426-22-000031
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