secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001108426-25-000076
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842625000076/0001108426-25-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842625000076/pnm-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001108426-25-000076

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