TXNM ENERGY INC 8K

Public Service Company of New Mexico entered into a $195 million syndicated term loan agreement maturing in 2028 with CIBC as Administrative Agent to provide committed term financing on customary covenant and default terms.

On July 21, 2026, Public Service Company of New Mexico entered into a new $195,000,000 senior unsecured term loan agreement with a syndicate of lenders, with Canadian Imperial Bank of Commerce, New York Branch serving as Administrative Agent and, together with BofA Securities, Inc., as Joint Lead Arranger and Joint Bookrunner; the facility, maturing on January 21, 2028, is governed by customary representations, affirmative and negative covenants, financial maintenance requirements, and events of default, and will bear interest at either a SOFR-based or Base Rate-based benchmark plus an applicable margin, providing the company with committed term financing under standard syndicated loan market terms.

Filing Facts

CIK

1108426

Ticker

-

Form

8K

Source Type

sec

Accession

0001108426-26-000044

Alert Tier

7