{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-25-000074","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2025-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.360482+00:00","generated_at":"2026-05-18T04:07:46.728229+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TNMP unit issues $1.0843B in First Mortgage Bonds across six tranches (4.83%-6.02%, maturities 2030-2055)","bullets":["Six tranches: $245M 4.83% due 2030, $245M 5.12% due 2032, $240M 5.44% due 2035, $100M 5.54% due 2037, $154.3M 5.93% due 2045, $100M 6.02% due 2055.","Proceeds will be used to repay short-term debt and fund general corporate purposes including capital expenditures.","Bonds are secured by a first mortgage lien on substantially all of TNMP's property.","Proposed TXNM/Blackstone Infrastructure transaction does not constitute a change in control under the bonds."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-25-000074","json":"https://secwatch.observer/filing/0001108426-25-000074.json","markdown":"https://secwatch.observer/filing/0001108426-25-000074.md","text":"https://secwatch.observer/filing/0001108426-25-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000074/0001108426-25-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/22767/000110842625000074/pnm-20250722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T04:07:46.728229+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c5e7966cbb44188e865c95924a1cc85c004821e","claim":"TXNM ENERGY INC incurred senior notes of $240,000,000 aggregate principal amount with institutional accredited investors at 5.44% maturing July 31, 2035.","evidence_excerpt":"$240,000,000 aggregate principal amount of its 5.44% First Mortgage Bonds, due July 31, 2035, Series 2025D","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000074/0001108426-25-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$240,000,000 aggregate principal amount"},{"label":"Counterparty","value":"institutional accredited investors"},{"label":"Rate","value":"5.44%"},{"label":"Maturity","value":"July 31, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"568176af816b4b3821f9404c7fa161c734edb18f","claim":"TXNM ENERGY INC incurred senior notes of $245,000,000 aggregate principal amount with institutional accredited investors at 4.83% maturing July 31, 2030.","evidence_excerpt":"On July 21, 2025, TXNM Energy, Inc.'s indirect wholly-owned subsidiary, Texas-New Mexico Power Company (“TNMP”), issued $245,000,000 aggregate principal amount of its 4.83% First Mortgage Bonds, due July 31, 2030, Series 2025B","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000074/0001108426-25-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$245,000,000 aggregate principal amount"},{"label":"Counterparty","value":"institutional accredited investors"},{"label":"Rate","value":"4.83%"},{"label":"Maturity","value":"July 31, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"63d4c13bf760b7f78277589a3477e39fdb1b0959","claim":"TXNM ENERGY INC incurred senior notes of $245,000,000 aggregate principal amount with institutional accredited investors at 5.12% maturing July 31, 2032.","evidence_excerpt":"$245,000,000 aggregate principal amount of its 5.12% First Mortgage Bonds, due July 31, 2032, Series 2025C","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000074/0001108426-25-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$245,000,000 aggregate principal amount"},{"label":"Counterparty","value":"institutional accredited investors"},{"label":"Rate","value":"5.12%"},{"label":"Maturity","value":"July 31, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8b84b916912187f2af3b9dc384df2d488143909a","claim":"TXNM ENERGY INC incurred senior notes of $154,300,000 aggregate principal amount with institutional accredited investors at 5.93% maturing July 31, 2045.","evidence_excerpt":"$154,300,000 aggregate principal amount of its 5.93% First Mortgage Bonds, due July 31, 2045, Series 2025F","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000074/0001108426-25-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$154,300,000 aggregate principal amount"},{"label":"Counterparty","value":"institutional accredited investors"},{"label":"Rate","value":"5.93%"},{"label":"Maturity","value":"July 31, 2045"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a53abc07f76e0046c32096c82dcb10f3fdcac7b7","claim":"TXNM ENERGY INC incurred senior notes of $100,000,000 aggregate principal amount with institutional accredited investors at 5.54% maturing July 31, 2037.","evidence_excerpt":"$100,000,000 aggregate principal amount of its 5.54% First Mortgage Bonds, due July 31, 2037, Series 2025E","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000074/0001108426-25-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$100,000,000 aggregate principal amount"},{"label":"Counterparty","value":"institutional accredited investors"},{"label":"Rate","value":"5.54%"},{"label":"Maturity","value":"July 31, 2037"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}