TXNM amends credit agreements to waive change-of-control default triggered by pending merger

TXNM ENERGY INC

Amended $300M revolver, $500M term loan, and $30.3M LOC to exclude merger with Troy ParentCo from change-of-control definition.
TNMP's $200M revolver amended; $1.505B first mortgage bonds avoid repurchase event.
$910M merger backstop revolving facility terminated after obtaining necessary waivers.
SVP Finance Elisabeth Eden announced retirement, effective September 2025.

item 1.01 item 1.02 item 2.03 item 2.04 item 5.02 item 9.01

Executive movements

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Departed

Elisabeth A. Eden

Senior Vice President, Finance

TXNM · TXNM ENERGY INC

Filed: May 27, 2025, 7:59 PM ET

Ms. Elisabeth A. Eden, Senior Vice President, Finance, announced her intention to retire, effective as of a date that is mutually agreeable between Ms. Eden and TXNM.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Elisabeth A. Eden departed as Senior Vice President, Finance at TXNM ENERGY INC.

Action: announced retirement
Role: Senior Vice President, Finance

Exact text from the filing

Ms. Elisabeth A. Eden, Senior Vice President, Finance, announced her intention to retire, effective as of a date that is mutually agreeable between Ms. Eden and TXNM.

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TXNM ENERGY INC filing history →

Source: SEC EDGAR

accession 0001108426-25-000056

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