TXNM Energy subsidiary terminates $1.505B backstop term loan upon repayment

TXNM ENERGY INC

Texas-New Mexico Power Company repaid and terminated its $1.505B 364-day delayed-draw term loan on July 22, 2025.
The facility was with Wells Fargo Bank as administrative agent and other lenders.
Termination was in accordance with the terms of the credit agreement; no outstanding balance remains.

item 1.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.