TNMP issues $140M of 5.19% First Mortgage Bonds due 2031 for debt refinancing

TXNM ENERGY INC

$140M aggregate principal, 5.19% fixed rate, due April 1, 2031.
Interest payable semiannually on April 1 and October 1, starting October 1, 2025.
Proceeds used for repayment of short-term debt and general corporate purposes.
Bonds secured by first mortgage lien on substantially all TNMP property.
Make-whole prepayment provision; change-of-control triggers mandatory offer to repurchase at par.

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