---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-25-000076"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:11:08.701252+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001108426-25-000076
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000076/0001108426-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842625000076/pnm-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-25-000076
- JSON: https://secwatch.observer/filing/0001108426-25-000076.json
- Plain text: https://secwatch.observer/filing/0001108426-25-000076.txt

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