---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-24-000062"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:41:45.640147+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PNM Resources issues additional $50M of 5.75% convertible notes due 2054, total $550M

## Summary
- Issued $50M aggregate principal of 5.75% Junior Subordinated Convertible Notes due 2054 under over-allotment option.
- Combined with June 10 issuance of $500M, total now $550M of the same notes.
- Notes sold to initial purchasers under Rule 144A; unregistered and not offered to public.
- Proceeds used for general corporate purposes; interest rate 5.75% with maturity in 2054.

## SEC filing metadata
- accession: 0001108426-24-000062
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 3.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842624000062/0001108426-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108426/000110842624000062/pnm-20240621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-24-000062
- JSON: https://secwatch.observer/filing/0001108426-24-000062.json
- Plain text: https://secwatch.observer/filing/0001108426-24-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.