TXNM ENERGY 24/54 CVTXNM ENERGY 24/54 CVTXNM ENERGY 24/54 CV

TXNM ENERGY 24/54 CV

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US69349HAE7 analysis



Key facts


Issue date
Jun 10, 2024
Maturity date
Jun 1, 2054
Outstanding amount
‪550.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.75% (Fixed)
Yield to maturity
4.62%
TXNM Energy, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.
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