---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-25-000104"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2025-09-02T23:59:59+00:00"
generated_at: "2026-05-17T08:43:53.603759+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy repays and terminates $500M term loan effective August 29, 2025

## Summary
- Repaid $500M term loan in full and terminated agreement on August 29, 2025.
- Agreement was with lenders and Wells Fargo Bank as administrative agent.
- Termination occurred in accordance with the original terms; no default or penalty.
- Eliminates future interest expense on the facility; balance sheet debt reduced.

## SEC filing metadata
- accession: 0001108426-25-000104
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2025-09-02T23:59:59+00:00
- event_type: debt
- 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/1108426/000110842625000104/0001108426-25-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000104/pnm-20250902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-25-000104
- JSON: https://secwatch.observer/filing/0001108426-25-000104.json
- Plain text: https://secwatch.observer/filing/0001108426-25-000104.txt

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