PNM Resources Inc

NYSE:PNM   11:14:00 AM EDT
48.21
-0.16 (-0.33%)
Debt Financing / Related

PNM Resources Says Public Service Co Of New Mexico Entered Into A $225.0 Mln Delayed-Draw Term Loan Agreement

Published: 08/05/2022 21:59 GMT
PNM Resources Inc (PNM) - Pnm Resources Inc - Public Service Company of New Mexico Entered Into a $225.0 Million Delayed-draw Term Loan Agreement.
Pnm Resources Inc - Term Loan is Effective As of August 5, 2022 and Must Be Repaid on Or Before February 5, 2024.
Pnm Resources Inc - Pnm Expects to Use Proceeds of Term Loan to Repay Pnm's Existing $75.0 Million Term Loan With Bank of America, Na