{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-24-000052","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2024-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.315233+00:00","generated_at":"2026-06-01T06:43:28.347915+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"PNM Resources announces $500M offering of junior subordinated convertible notes due 2054","bullets":["Offering $500M aggregate principal of junior subordinated convertible notes due 2054; underwriters may purchase up to $50M additional for over-allotments.","Notes are unsecured, rank junior to existing and future senior debt; interest payable semiannually, may be deferred for up to 20 consecutive semi-annual periods.","Holders can convert into common stock upon specified events; PNM may redeem after June 6, 2029 if stock price exceeds 130% of conversion price for 20 trading days.","Net proceeds will be used to repay a portion of outstanding term loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-24-000052","json":"https://secwatch.observer/filing/0001108426-24-000052.json","markdown":"https://secwatch.observer/filing/0001108426-24-000052.md","text":"https://secwatch.observer/filing/0001108426-24-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000052/0001108426-24-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000052/pnm-20240603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:43:28.347915+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}