NYSE:TXNMElectric Utilities
Should TXNM Energy's (TXNM) $70 Million Bond Issuance Prompt a Fresh Look at Its Capital Strategy?
On November 18, 2025, TXNM Energy announced a private placement to issue US$70,000,000 in 4.69% First Mortgage Bonds, due December 18, 2031, with interest payable semiannually beginning July 31, 2026.
This financing move marks a significant shift in TXNM Energy's capital structure, emphasizing its intent to secure funding for long-term investment needs.
We'll examine how this US$70 million bond issuance could influence TXNM Energy's future capital strategy and investment outlook.
Rare earth...