---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-25-000056"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T10:04:23.754568+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001108426-25-000056
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 2.04, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000056/0001108426-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842625000056/pnm-20250527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-25-000056
- JSON: https://secwatch.observer/filing/0001108426-25-000056.json
- Plain text: https://secwatch.observer/filing/0001108426-25-000056.txt

## Key facts
- Executive change
  Elisabeth A. Eden departed as Senior Vice President, Finance at TXNM ENERGY INC.
  - Action: announced retirement
  - Role: Senior Vice President, Finance
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000056/0001108426-25-000056-index.htm

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