secwatch / observer
8-K filed December 19, 2025, 6:59 PM ET ticker TXNM CIK 0001108426
other material confidence high sentiment neutral materiality 0.75

TXNM Energy subsidiaries issue $70M bonds, extend credit lines, and complete $91.9M pension transfer

TXNM ENERGY INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TXNM ENERGY INC amended Fifteenth Amendment to Credit Agreement with Wells Fargo Bank, National Association valued at $300.0 million (effective 2025-12-19).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
$300.0 million
Effective
2025-12-19
Exact text from the filing
On December 19, 2025, TXNM entered into a Fifteenth Amendment to Credit Agreement (the “TXNM Revolver Amendment”) amending its $300.0 million revolving credit agreement (as amended, the “TXNM Revolver”), among TXNM, the lenders party thereto and Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, which has an initial maturity date of March 30, 2029 with two extension options that each allow for an extension of the maturity for one additional year (the “TXNM Extension Options”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TXNM ENERGY INC entered into Twenty-Sixth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $70,000,000 aggregate principal amount of its 4.69% First Mortgage Bonds, due December 18, 2031, Ser (effective 2025-12-18).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$70,000,000 aggregate principal amount of its 4.69% First Mortgage Bonds, due December 18, 2031, Ser
Effective
2025-12-18
Exact text from the filing
On December 18, 2025, TXNM Energy, Inc.’s (“TXNM”) indirect wholly-owned subsidiary, Texas-New Mexico Power Company (“TNMP”), issued $70,000,000 aggregate principal amount of its 4.69% First Mortgage Bonds, due December 18, 2031, Series 2025H (the “2025H Bonds”) in a private placement in reliance on an exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”).
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275 material agreements filed in the last 30 days. Browse all material agreements →

TXNM ENERGY INC filing history →

Source: SEC EDGAR
accession 0001108426-25-000122
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