Welcome to our dedicated page for TXNM Energy SEC filings (Ticker: TXNM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TXNM Energy, Inc. (NYSE: TXNM) SEC filings page on Stock Titan provides access to the company’s regulatory documents as filed with the U.S. Securities and Exchange Commission. TXNM Energy is an Albuquerque, New Mexico-based energy utility holding company that delivers electricity to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).
Through this page, readers can review annual reports on Form 10-K, quarterly reports on Form 10-Q and a wide range of current reports on Form 8-K. For a regulated electric utility group like TXNM Energy, these filings are central to understanding segment performance, rate mechanisms, capital investment plans and risk factors. The company’s 8-K filings detail material events such as new credit agreements, amendments to revolving credit facilities, issuance of first mortgage bonds by TNMP, term loans at PNM, and junior subordinated notes issued by TXNM Energy.
Recent 8-K filings also describe the Agreement and Plan of Merger with Troy ParentCo LLC and Troy Merger Sub Inc., affiliates of Blackstone Infrastructure Partners L.P., under which TXNM Energy would become a wholly owned subsidiary if the merger is consummated. These filings outline the agreed cash consideration per share, shareholder approval of the merger, and the regulatory approvals required from the New Mexico Public Regulation Commission, Public Utility Commission of Texas, Federal Energy Regulatory Commission and other federal agencies.
Investors can use the filings page to follow debt and capital structure disclosures, including the terms of TXNM Energy’s junior subordinated convertible notes, fixed-to-fixed reset rate junior subordinated notes, and TNMP’s first mortgage bonds. Filings also provide information on non-GAAP “ongoing” earnings measures, reconciliations to GAAP results and explanations of how management evaluates operating performance.
Stock Titan enhances these documents with AI-powered summaries that highlight key terms, covenants and events in lengthy filings. Real-time updates from EDGAR help users quickly identify new 10-K, 10-Q and 8-K submissions, while insider transaction reports on Form 4 and proxy statements on Schedule 14A can be used to analyze executive compensation and ownership changes. This makes the TXNM Energy filings page a focused resource for understanding the company’s regulatory, financial and transactional history.
TXNM Energy, Inc. (NYSE: TXNM) disclosed that its regulated subsidiary, Texas-New Mexico Power Company (TNMP), completed a private placement of six tranches of first-mortgage bonds totaling approximately $1.08 billion on 21 July 2025.
- Principal & Coupons: $245 mm 4.83% due 2030 (Series 2025B); $245 mm 5.12% due 2032 (2025C); $240 mm 5.44% due 2035 (2025D); $100 mm 5.54% due 2037 (2025E); $154.3 mm 5.93% due 2045 (2025F); $100 mm 6.02% due 2055 (2025G).
- Use of proceeds: repay short-term debt and fund general corporate purposes, including planned capex.
- Security & rank: bonds are secured by a first-priority mortgage on substantially all TNMP assets and rank pari passu with existing first-mortgage securities.
- Covenants & events of default: leverage cap of ≤0.65x consolidated debt-to-capitalization, customary payment and bankruptcy defaults, make-whole prepayment protection, bond-repurchase triggers for sanctions, large asset sales or covenant breaches. A change-of-control put is included, but the contemplated Blackstone Infrastructure transaction would not trigger it.
- Interest payments: semi-annual, beginning Oct 31 2025 for odd-year maturities and Jan 31 2026 for even-year maturities.
The financing extends TNMP’s debt maturity profile and locks in fixed rates up to 30 years, shifting funding from short-term to long-term obligations.
TXNM Energy has entered into a significant Stock Purchase Agreement with Zimmer Partners LP and other purchasers on June 24, 2025. The deal involves:
- Sale of 3,615,003 shares of common stock at $55.325 per share, totaling approximately $200 million
- Agreement ties to previously announced merger with Blackstone Infrastructure Partners affiliate (May 18, 2025)
- Purchasers committed to vote shares in favor of the merger and follow board recommendations
- Lock-up period extends from June 24 to August 15, 2025
The transaction includes customary registration rights, with TXNM required to register shares for resale after Q2 2025 quarterly report filing. Shares will be issued under Securities Act Section 4(a)(2) exemption and listed on NYSE prior to closing. Proceeds will be used for general corporate purposes.
TXNM Energy (NYSE:TXNM) filed a Form 8-K to report the completion of Texas-New Mexico Power Company’s previously announced offer to prepay up to $1.505 billion of outstanding First Mortgage Bonds.
The offer expired at 9:00 a.m. (New York time) on 14 June 2025. According to the tender agent’s final count, holders validly tendered $1.0843 billion in aggregate principal amount, all of which were accepted for purchase. Participating bond-holders will receive 100 percent of face value plus accrued and unpaid interest up to, but excluding, the settlement date. The filing reiterates that the current report does not constitute an offer to sell or a solicitation to buy the Bonds in any jurisdiction.
The transaction materially reduces secured debt outstanding at TXNM’s regulated utility subsidiary, potentially lowering future interest expense and strengthening the balance sheet, although it also requires a significant near-term cash outlay. No other financial metrics, risk factors or legal proceedings were disclosed in the filing.