secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001108426-23-000044
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas-New Mexico Power Company issues $55 million of 5.47% First Mortgage Bonds due 2053
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- TNMP issued $55,000,000 of 5.47% First Mortgage Bonds, Series 2023B, due July 28, 2053.
- Bonds sold in private placement to institutional accredited investors under a Bond Purchase Agreement dated April 28, 2023.
- Proceeds to be used for repayment of existing debt and general corporate purposes, including capital expenditures.
- Interest payable semiannually at fixed 5.47% per annum, first payment January 28, 2024.
- Bonds secured by first mortgage lien on substantially all of TNMP’s property.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842623000044/0001108426-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842623000044/pnm-20230728.htm
  HTML page:      https://secwatch.observer/filing/0001108426-23-000044

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