{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-24-000058","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2024-06-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.316050+00:00","generated_at":"2026-06-01T05:14:18.490090+00:00","sec_items":["1.01","2.03","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PNM Resources issues $500M (plus $50M over-allotment) 5.75% convertible notes due 2054","bullets":["Issued $500M aggregate principal of 5.75% Junior Subordinated Convertible Notes due June 1, 2054; interest payable semi-annually.","Initial purchasers have option to buy up to $50M additional notes within 13 days for over-allotments.","Conversion rate initially 22.4911 shares/$1,000 principal (~$44.46/sh, 17.5% premium over June 4 close).","Notes are unsecured, junior subordinated obligations, ranking behind all senior indebtedness.","Company may defer interest payments for up to 20 consecutive semi-annual periods at its option."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-24-000058","json":"https://secwatch.observer/filing/0001108426-24-000058.json","markdown":"https://secwatch.observer/filing/0001108426-24-000058.md","text":"https://secwatch.observer/filing/0001108426-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000058/0001108426-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000058/pnm-20240610.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T05:14:18.490090+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"}