secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001108426-25-000004
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842625000004/0001108426-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842625000004/pnm-20250214.htm
  HTML page:      https://secwatch.observer/filing/0001108426-25-000004

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