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TXNM Energy Issues $350M Convertible Notes

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TXNM Energy Issues $350M Convertible Notes

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TXNM Energy ( (TXNM) ) has issued an announcement.

On December 10, 2025, TXNM Energy, Inc. issued $350 million in 7.000% Fixed-to-Fixed Reset Rate Junior Subordinated Convertible Notes due 2056. These notes are unsecured and rank junior to the company’s existing and future senior debt. The issuance allows TXNM Energy to manage its financial obligations with flexibility, as the company can defer interest payments for up to 20 consecutive semi-annual periods if needed. This financial maneuvering could impact the company’s liquidity and debt structure, potentially affecting stakeholders’ perceptions and the company’s market positioning.

The most recent analyst rating on (TXNM) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on TXNM Energy stock, see the TXNM Stock Forecast page.

Spark’s Take on TXNM Stock

According to Spark, TipRanks’ AI Analyst, TXNM is a Neutral.

TXNM Energy’s overall stock score reflects solid financial performance with strong revenue growth and improved debt management. However, challenges such as declining net profit margins, negative free cash flow, and a high P/E ratio weigh on the score. The technical indicators suggest a positive trend, but the overbought condition indicates caution. The absence of recent earnings call insights or notable corporate events means these factors do not influence the score.

To see Spark’s full report on TXNM stock, click here.

More about TXNM Energy

Average Trading Volume: 818,101

Technical Sentiment Signal: Buy

Current Market Cap: $6.34B

See more insights into TXNM stock on TipRanks’ Stock Analysis page.

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