secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001108426-25-000112
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TNMP amends key covenants in First Mortgage Indenture via Twenty-Fifth Supplemental Indenture
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- Texas-New Mexico Power Company entered Twenty-Fifth Supplemental Indenture on Nov 6, 2025, with U.S. Bank Trust as trustee.
- Amends requirement to provide financial reports under Section 12.04 of the First Mortgage Indenture.
- Revises change-in-control definition in certain prior supplemental indentures (Tenth through Twenty-Third).
- Adds covenant in Fifth Supplemental Indenture requiring annual and quarterly consolidated financial statements be made available to bondholders.
- TNMP obtained requisite consents from applicable holders before entering the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842625000112/0001108426-25-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842625000112/pnm-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001108426-25-000112

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