TXNM Energy Inc. has commenced marketing for a potential private offering of fixed-to-fixed reset rate junior subordinated notes. The offering is targeted at qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act of 1933. The company has not disclosed the value of the issuance in the announcement. There is no guarantee that the offering will be completed, and final terms or timing are yet to be determined.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXNM Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001108426-25-000118), on December 02, 2025, and is solely responsible for the information contained therein.
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